This Battery Startup Raised $15 Billion. Then It Went Bust.
Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant ...
Northvolt’s Collapse Countdown Started With BMW Pulling the Plug
For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse started in June when BMW AG canceled a multi-billion order.
Goldman Sachs takes $1.4b hit on green battery investment
The US bank is the second-largest shareholder in Swedish battery maker Northvolt which has filed for Chapter 11 bankruptcy.
Election workers defamed by Giuliani pen scathing letter accusing him of an ‘obvious attempt to intimidate’
Attorneys for election workers that Rudy Giuliani defamed wrote a scathing letter accusing the former New York City mayor of ...
Northvolt short circuits Europe’s green ambitions
Northvolt, the Swedish battery maker once hailed as a cornerstone of Europe’s electric vehicle (EV) battery production, has ...
Former NFL player from Metro East, 2 others face federal fraud charges
Dana Howard, who played for the Rams after starring at the University of Illinois and East St. Louis High, was named in the ...
Goldman on the hook for nearly $900M loss on Northvolt stake: report
Goldman Sachs (NYSE:GS) will take a nearly $900M hit after Swedish EV battery maker Northvolt filed for chapter 11 bankruptcy ...
Goldman funds to take $900 million hit on Northvolt, FT reports
Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed ...