Goldman Funds Take $900 Million Hit on Northvolt, FT Says
Funds managed by Goldman Sachs Asset Management are set to write off almost $900 million on investments in Swedish battery ...
An EV-battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
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.
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.
Northvolt crisis may be make or break for Europe's EV battery ambitions
Europe's biggest hope for an electric vehicle battery champion filed for U.S. Chapter 11 bankruptcy protection on Thursday ...
Swedish Battery Maker Northvolt Files for Chapter 11 Protection
Northvolt, a major Swedish battery maker, filed for bankruptcy in the U.S., seeking to restructure the debt it had taken on ...
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Northvolt appoints restructuring manager for its battery factory
Ailing battery manufacturer Northvolt has appointed restructuring expert Paul O'Donnell as head of the Northvolt Ett factory.
Northvolt CEO steps down, saying group needs up to $1.2 billion
Northvolt's CEO and co-founder Peter Carlsson stepped down on Friday, a day after Europe's biggest hope for an electric ...
Northvolt's bankruptcy filing won't affect Quebec battery plant, says economy minister
Quebec Economy Minister Christine Fréchette is reassuring the province following the announcement that Northvolt, the Swedish ...