For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...

The US bank is the second-largest shareholder in Swedish battery maker Northvolt which has filed for Chapter 11 bankruptcy.

Funds managed by Goldman Sachs Asset Management are set to write off almost $900 million on investments in Swedish battery ...

Goldman Sachs (NYSE:GS) will take a nearly $900M hit after Swedish EV battery maker Northvolt filed for chapter 11 bankruptcy ...

Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed ...

Analysts at Rho Motion pared back their predictions for EV sales by a quarter, to 8.3m by 2030. In Europe, home to ...

Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...

Europe's biggest hope for an electric vehicle battery champion filed for U.S. Chapter 11 bankruptcy protection on Thursday ...

Northvolt's collapse highlights the challenges facing the industry in reducing reliance on Chinese battery suppliers. The Swedish battery maker, with significant investments from Volkswagen and ...

This move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for ...

Northvolt’s CEO and co-founder Peter Carlsson stepped down yesterday, a day after Europe’s biggest hope for an electric ...

Stockholm-based company pinning recovery hopes partly on Quebec plant as court-monitored restructuring process begins ...