Volkswagen, Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker that ...

Volkswagen has written down the majority of its 21 per cent stake in Northvolt over the past year ahead of the Swedish battery maker’s filing for Chapter 11 bankruptcy, according to people close to ...

The job-cutting plans would shrink a business that’s lost billions of euros to a global steel glut and rising energy prices.

The head of Volkswagen has told a German newspaper that he sees no chance of avoiding layoffs and factory closures in its ...

Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...

Germany's largest steelmaker, a division of Thyssenkrupp AG , is under pressure from cheaper Asian competitors, high power ...

Plus, Mercedes looks to cut costs and Tesla is driven by "animal spirits." ...

Stock futures gained on Monday, kicking off a holiday-shortened week, with markets closed on Thursday for Thanksgiving and ...

Electric vehicle advocates frequently mention that the vehicles should be less expensive and less bothersome to maintain and ...