The US bank is the second-largest shareholder in Swedish battery maker Northvolt which has filed for Chapter 11 bankruptcy.
German Economy Minister Robert Habeck expressed cautious optimism about the future of financially troubled Swedish electric ...
Northvolt, the Swedish battery maker once hailed as a cornerstone of Europe’s electric vehicle (EV) battery production, has ...
STOCKHOLM — Sweden's financially-strained electric car battery maker Northvolt announced recently the resignation of its CEO Peter Carlsson, hours after the company sought bankruptcy protection in the ...
For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...
Sweden: Speak up Laid-off workers from the Northvolt plant that makes batteries for electric vehicles in Skelleftea are ...
The Goldman private equity funds, which together ranked as the second-largest shareholders in Northvolt, plan to write down ...
Analysts at Rho Motion pared back their predictions for EV sales by a quarter, to 8.3m by 2030. In Europe, home to ...
Funds managed by Goldman Sachs Asset Management are set to write off almost $900 million on investments in Swedish battery ...
European markets are expected to open higher on Friday. The U.K.'s FTSE 100 index is expected to open 33 points higher at ...
Officials held a symbolic ground breaking ceremony Friday for a new $35 million manufacturing facility amid fanfare with the governor and Shark Tank investor Kevin O'Leary. Prime 6, producer of ...