Northvolt, Goldman Sachs
Volkswagen has taken major writedown on Northvolt stake, sources say
Volkswagen, Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker that filed for bankruptcy protection in the United States last week, two people familiar with the matter said.
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A Big Charge: Goldman Sachs’ Billion-Dollar EV Battery Bet Ends In DisasterDouglas McIntyre, editor-in-chief at Climate Crisis, discusses Goldman Sachs’ billion-dollar loss on Northvolt, a European ...
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
Plus, Trump’s stock market honeymoon, Germany’s ‘debt brake’, and Francis Bacon at the National Portrait Gallery ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
STORY: Northvolt’s financial collapse could spell the end of Europe’s ambitions to set up its own battery industry to power ...
Funds managed by Goldman Sachs will write off almost $900mn after Swedish battery maker Northvolt filed for Chapter 11 bankruptcy this week. Goldman’s private equity funds have at least $896mn ...
The US bank is the second-largest shareholder in Swedish battery maker Northvolt which has filed for Chapter 11 bankruptcy.
For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...
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