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

STOCKHOLM — Sweden's financially-strained electric car battery maker Northvolt announced recently the resignation of its CEO Peter Carlsson, hours after the company sought bankruptcy protection in the ...

(Bloomberg) -- Funds managed by Goldman Sachs Asset Management are set to write off almost $900 million on investments in ...

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

German Economy Minister Robert Habeck expressed cautious optimism about the future of financially troubled Swedish electric ...

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 ...

He isn't the only one to lose his job (and actually he will remain on the board and take on a role as senior advisor), the ...

New wind warnings and special weather statements have been issued across Vancouver Island and coastal B.C., bringing the risk ...

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