Northvolt is bankrupt. But European car companies desperately need its automotive batteries for future production targets.
The write down reflects the challenges faced by Northvolt, including missed production targets and a slower-than-expected ...
VWAGY significantly reduces its 21% stake in Northvolt and signs a contract with Novonix to procure synthetic graphite ...
Peter Carlsson, the CEO and co-founder of Northvolt, quit the company last week and in doing so revealed that it needed a ...
Europe risks losing investments and industrial jobs to countries including the US if the region fails to cut red tape and ...
Export credit agencies (ECAs) from France, Germany and Japan have US$668mn of exposure to Swedish battery maker Northvolt, ...
So when Northvolt filed for bankruptcy last week, it wasn’t just a blow for Europe’s hopes to develop a homegrown EV battery ...
Baillie Gifford European Growth Trust PLC GBP (GB:BGEU) has released an update. Baillie Gifford European Growth Trust ...
Volkswage has significantly written down its 21% stake in Northvolt that filed for bankruptcy protection in the U.S. last ...
Plus, Northvolt’s bankruptcy leads to investor losses and Blackstone teams up with energy giant in new financing deal ...
Nothvolt number one and number two shareholders, namely Volkswagen and Goldman Sachs, will write down their stake in the ...
Stellantis plans to transfer operations from its Luton plant near London to its Ellesmere Port site in northwest England, putting more than 1,100 jobs at risk as the automaker grapples with a slow ...