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

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

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

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

Following Northvolt's bankruptcy filing and the resignation of CEO Peter Carlsson, Volkswagen and Goldman Sachs have announced that they will write off their investments in the Swedish battery cell ...

Northvolt, Europe’s standard bearer for building a domestic electric-vehicle supply chain, has filed for bankruptcy.

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

Portuguese energy company Galp said late on Tuesday it has dropped its plan to build the Aurora lithium refinery after it ...

According to a Financial Times report from Saturday, citing letters to investors, funds managed by Goldman Sachs (GS) are expected to write off their $900M stake in Northvolt to zero by the end of ...

Plus, Northvolt’s bankruptcy leads to investor losses and Blackstone teams up with energy giant in new financing deal ...