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

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

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 ...

Northvolt, the Swedish battery maker once hailed as a cornerstone of Europe’s electric vehicle (EV) battery production, has ...

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 ...

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

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 ...

Sweden: Speak up Laid-off workers from the Northvolt plant that makes batteries for electric vehicles in Skelleftea are ...

The Goldman private equity funds, which together ranked as the second-largest shareholders in Northvolt, plan to write down ...

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

European markets are expected to open higher on Friday. The U.K.'s FTSE 100 index is expected to open 33 points higher at ...