Volkswagen has substantially written down its 21% stake in Northvolt, a Swedish battery cell manufacturer, reported Reuters.

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

Struggling Swedish EV battery maker Northvolt filed for U.S. Chapter 11 bankruptcy protection on Thursday after failing to establish a funding ...

The recent bankruptcy of Northvolt, once hailed as Europe’s battery champion, further complicates the situation. The company, ...

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

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

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

Yet analysts believe that if Europe backs off in the battery race now, it risks being even more behind China than it already ...

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

It was Europe's flagship battery production. At least, it wanted to be. The Swedish company Northvolt was placed under ...

In a huge blow to Europe’s plan to set up its own battery industry to power electric cars, Peter Carlsson resigned as CEO of ...