Swedish electric vehicle (EV) battery developer and manufacturer Northvolt has collapsed into administration, with at least ...

SINGAPORE (Reuters) — Bonds rallied, U.S. stock futures rose and the dollar eased in early trade on Monday as investors ...

Sweden’s ambitions of having a strong electric vehicle (EV) battery industry are overshadowed by the financial collapse of ...

Northvolt, Europe's leading battery startup, filed for U.S. bankruptcy protection, highlighting strained efforts to compete ...

Europe’s auto layoffs and Northvolt’s failure are warnings to the U.S. The domestic auto industry last week sent a letter to ...

For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...

European markets are expected to open higher on Friday. The U.K.'s FTSE 100 index is expected to open 33 points higher at ...

Goldman Sachs (NYSE:GS) will take a nearly $900M hit after Swedish EV battery maker Northvolt filed for chapter 11 bankruptcy ...

Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed ...

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

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