For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse started in June when BMW AG canceled a multi-billion order.
The US bank is the second-largest shareholder in Swedish battery maker Northvolt which has filed for Chapter 11 bankruptcy.
Northvolt, the Swedish battery maker once hailed as a cornerstone of Europe’s electric vehicle (EV) battery production, has ...
Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed ...
Sweden: Speak up Laid-off workers from the Northvolt plant that makes batteries for electric vehicles in Skelleftea are ...
Analysts at Rho Motion pared back their predictions for EV sales by a quarter, to 8.3m by 2030. In Europe, home to ...
Its investment in the Swedish battery maker Northvolt — a company facing mounting financial troubles — now hangs in the ...
Northvolt, one of Europe's biggest electric vehicle (EV) battery manufacturers, has filed for Chapter 11 bankruptcy in the ...