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Volkswagen Reduces Stakes in Northvolt, Signs Contract With Novonix
VWAGY significantly reduces its 21% stake in Northvolt and signs a contract with Novonix to procure synthetic graphite ...
Volkswagen writes down Northvolt stake following bankruptcy filing
The write down reflects the challenges faced by Northvolt, including missed production targets and a slower-than-expected ...
ET Auto6d
Volkswagen has taken major writedown on Northvolt stake, sources say
At the end of 2023, Volkswagen reported the book value of its shareholding in the Swedish firm at 693 million euros (USD 726 ...
electrive5d
VW and Goldman Sachs write off Northvolt shares
Northvolt number one and number two shareholders, namely Volkswagen and Goldman Sachs, will write down their stake in the ...
Beyond Northvolt bankruptcy, a story of the West struggling China tightening its grip on EV, clean tech markets
Northvolt’s story isn’t just about the big bucks of its big backers. It has doled out some important lessons about what’s ...
Volkswagen Commits To Massive Novonix EV Component Supply Deal
Established by Volkswagen in 2022, PowerCo is committed to building six battery cell gigafactories by 2030 with a combined ...
Will the trouble ever end for Volkswagen and its rivals?
Volkswagen (VW), the largest of the lot by sales, is bracing for strikes beginning on December 1st in response to its plan to ...
Investing3d
Volkswagen – Patience: An Outstanding Buying Opportunity Will Arise Soon
Following Northvolt's bankruptcy filing and the resignation of CEO Peter Carlsson, Volkswagen and Goldman Sachs have announced that they will write off their investments in the Swedish battery cell ...
Bits&Chips6d
Northvolt bankruptcy deals major blow to Europe’s battery ambitions
Northvolt, Europe’s standard bearer for building a domestic electric-vehicle supply chain, has filed for bankruptcy.