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 ...

The Swedish company, whose motto is "make oil history", has received more than $10 billion in equity, debt and public ...

In this major development, Goldman Sachs will be writing off a monumental amount of nearly USD 900 million. This amount to Rs ...

Despite receiving over $10 billion in various forms of financing since its inception in 2016, Northvolt's inability to secure ...

Plus, Trump’s stock market honeymoon, Germany’s ‘debt brake’, and Francis Bacon at the National Portrait Gallery ...

Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...

The report highlights the swift downfall of Northvolt, which, in a matter of months, went from being hailed as Europe's best ...

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

The US bank is the second-largest shareholder in Swedish battery maker Northvolt which has filed for Chapter 11 bankruptcy.

Funds managed by Goldman Sachs Asset Management are set to write off almost $900 million on investments in Swedish battery ...