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 ...

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

(Bloomberg) -- Funds managed by Goldman Sachs Asset Management are set to write off almost $900 million on investments in ...

Sweden: Speak up Laid-off workers from the Northvolt plant that makes batteries for electric vehicles in Skelleftea are ...

German Economy Minister Robert Habeck expressed cautious optimism about the future of financially troubled Swedish electric ...

Analysts at Rho Motion pared back their predictions for EV sales by a quarter, to 8.3m by 2030. In Europe, home to ...

Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...

Europe's biggest hope for an electric vehicle battery champion filed for U.S. Chapter 11 bankruptcy protection on Thursday ...

He isn't the only one to lose his job (and actually he will remain on the board and take on a role as senior advisor), the ...

Northvolt's CEO and co-founder Peter Carlsson stepped down yesterday, a day after Europe's biggest hope for an electric vehicle battery champion filed for US Chapter 11 bankruptcy protection. The ...

Stocks and bonds could get a powerful lift if CPI inflation falls below 2%, says this market strategist. Plus, investment ...

This move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for ...