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.

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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 ...

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 ...

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