The writedown reflects the challenges faced by Northvolt, including missed production targets and a slower-than-expected ...
Green industrial policy is failing in Europe, a warning to the next Trump Administration.
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
The Swedish battery maker filed for bankruptcy last week, dashing ambitions for the European electric vehicles sector – and ...
Volkswage has significantly written down its 21% stake in Northvolt that filed for bankruptcy protection in the U.S. last ...
Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker ...
Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...
Northvolt, a major Swedish battery maker, filed for bankruptcy in the U.S., seeking to restructure the debt it had taken on ...
This move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for ...
Volvo Car AB is taking over a joint venture with financially struggling Northvolt AB to build a ... of scaling battery production in the electric vehicle market. In a surprise move, the carmaker ...
Northvolt, once hailed as Europe's best shot at a home-grown electric-vehicle battery champion is racing to stay afloat by slimming down and cutting jobs, hobbled by production problems ...