Northvolt number one and number two shareholders, namely Volkswagen and Goldman Sachs, will write down their stake in the ...

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 will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed ...

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

Northvolt’s story isn’t just about the big bucks of its big backers. It has doled out some important lessons about what’s ...

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

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Funds managed by Goldman Sachs will write off almost $900mn after Swedish battery maker Northvolt filed for ...

Douglas McIntyre, editor-in-chief at Climate Crisis, discusses Goldman Sachs’ billion-dollar loss on Northvolt, a European ...

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

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

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