VWAGY significantly reduces its 21% stake in Northvolt and signs a contract with Novonix to procure synthetic graphite ...

Founded in 2016 by two former Tesla executives, Northvolt managed to win the backing of major financiers and customers, ...

Established by Volkswagen in 2022, PowerCo is committed to building six battery cell gigafactories by 2030 with a combined ...

The write down reflects the challenges faced by Northvolt, including missed production targets and a slower-than-expected ...

Volkswage has significantly written down its 21% stake in Northvolt that filed for bankruptcy protection in the U.S. last ...

Peter Carlsson, the CEO and co-founder of Northvolt, quit the company last week and in doing so revealed that it needed a ...

Nothvolt number one and number two shareholders, namely Volkswagen and Goldman Sachs, will write down their stake in the ...

Europe risks losing investments and industrial jobs to countries including the US if the region fails to cut red tape and ...

Swedish battery company Northvolt’s bankruptcy filing could affect Canadian pension plans, even though its subsidiary’s ...

Struggling Swedish EV battery maker Northvolt filed for U.S. Chapter 11 bankruptcy protection on Thursday after failing to establish a funding ...

Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish ...

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