The writedown reflects the challenges faced by Northvolt, including missed production targets and a slower-than-expected ...

The Swedish battery maker filed for bankruptcy last week, dashing ambitions for the European electric vehicles sector – and ...

Volkswage has significantly written down its 21% stake in Northvolt that filed for bankruptcy protection in the U.S. last ...

Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker ...

Volvo Car AB is taking over a joint venture with financially struggling Northvolt AB to build a ... of scaling battery production in the electric vehicle market. In a surprise move, the carmaker ...

Northvolt, once hailed as Europe's best shot at a home-grown electric-vehicle battery champion is racing to stay afloat by slimming down and cutting jobs, hobbled by production problems ...

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