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

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

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

Douglas McIntyre, editor-in-chief at Climate Crisis, discusses Goldman Sachs’ billion-dollar loss on Northvolt, a European ...

In this major development, Goldman Sachs will be writing off a monumental amount of nearly USD 900 million. This amount to Rs ...

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

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

Goldman Sachs first invested in Swedish battery maker Northvolt in 2019 when, along with other investors including German carmaker Volkswagen, it led a $1bn Series B funding round that enabled ...

Northvolt’s story isn’t just about the big bucks of its big backers. It has doled out some important lessons about what’s ...

The Goldman private equity funds, which together ranked as the second-largest shareholders in Northvolt, plan to write down ...

Goldman Sachs is one of America's and the world's ... The company recently took a major hit as the Swedish EV battery maker Northvolt filed for bankruptcy. The company CEO also stepped from ...