Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker ...
VWAGY significantly reduces its 21% stake in Northvolt and signs a contract with Novonix to procure synthetic graphite ...
Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish ...
Volkswagen and Goldman Sachs write off stakes in Northvolt due to missed production targets, resulting in significant ...
Volkswagen has written down the majority of its 21 per cent stake in Northvolt over the past year ahead of the Swedish ...
The write down reflects the challenges faced by Northvolt, including missed production targets and a slower-than-expected ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
Established by Volkswagen in 2022, PowerCo is committed to building six battery cell gigafactories by 2030 with a combined annual volume of 240 GWh – enough for about ...
In addition to BMW and Volkswagen AG, Northvolt’s top investors included Goldman Sachs’s asset management arm, Denmark’s biggest pension fund ATP, Baillie Gifford & Co. funds and a number of ...
Green industrial policy is failing in Europe, a warning to the next Trump Administration.
In addition to BMW and Volkswagen AG, Northvolt’s top investors included Goldman Sachs’s asset management arm, Denmark’s biggest pension fund ATP, Baillie Gifford & Co. funds and a number of Swedish ...