Northvolt number one and number two shareholders, namely Volkswagen and Goldman Sachs, will write down their stake in the ...

STOCKHOLM - Sweden's financially-strained electric car battery maker Northvolt announced recently the resignation of its CEO Peter Carlsson, hours ...

Volkswagen has substantially written down its 21% stake in Northvolt, a Swedish battery cell manufacturer, reported Reuters.

The recent bankruptcy of Northvolt, once hailed as Europe’s battery champion, further complicates the situation. The company, ...

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Gautam Adani indicted in U.S for alleged solar-related bribery scheme Gautam Adani faces an indictment in the United States ...

Northvolt files for bankruptcy in the US in major blow to European hopes to have a homegrown battery maker that can compete ...

In a huge blow to Europe’s plan to set up its own battery industry to power electric cars, Peter Carlsson resigned as CEO of ...

Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant ...

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

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

Subdued car sales and intense competition have hit earnings at carmakers. Northvolt CEO Peter Carlsson Steps Down The Swedish battery maker said Carlsson will become a senior adviser as the company ...