The writedown reflects the challenges faced by Northvolt, including missed production targets and a slower-than-expected ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
The Swedish battery maker filed for bankruptcy last week, dashing ambitions for the European electric vehicles sector – and ...
Based in Stockholm, Sweden, Northvolt has long been regarded as Europe's best hope of building a homegrown ...
Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker ...
Northvolt's CEO and co-founder Peter Carlsson stepped down on Friday, a day after Europe's biggest hope for an electric ...
German Economy Minister Robert Habeck expressed cautious optimism about the future of financially troubled Swedish electric ...