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

The Swedish manufacturer has long been a favorite among Western investors, securing over $15 billion in funding from ...

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

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

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

Goldman Sachs (NYSE:GS) will take a nearly $900M hit after Swedish EV battery maker Northvolt filed for chapter 11 bankruptcy ...

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

Northvolt filed for bankruptcy on Thursday in the United ... So too is the US investment bank Goldman Sachs.

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 ...

Northvolt's collapse highlights the challenges facing the industry in reducing reliance on Chinese battery suppliers. The Swedish battery maker, with significant investments from Volkswagen and ...