Northvolt number one and number two shareholders, namely Volkswagen and Goldman Sachs, will write down their stake in the ...
Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker ...
Volkswagen AG VWAGY, the largest shareholder in Swedish battery maker Northvolt, has significantly reduced its 21% stake in Northvolt following the battery maker’s recent bankruptcy protection filing ...
Northvolt's CEO and co-founder Peter Carlsson stepped down on Friday, a day after Europe's biggest hope for an electric ...
Northvolt said the $100 million in a new loan is part of $245 million in financing support for the bankruptcy. Swedish truck ...
Volkswage has significantly written down its 21% stake in Northvolt that filed for bankruptcy protection in the U.S. last ...
Goldman’s private equity funds have at least $896mn in exposure to Northvolt, making the US bank its second-largest shareholder. They will write that down to zero at the end of the year, according to ...
Several shareholders are leaving negotiations with the battery manufacturer Northvolt over emergency funding for the company, ...
Northvolt has just $30 million in cash and $5.84 billion in debt, but says it can emerge from restructuring in Q1 2025 ...
Earlier reports indicated stalled discussions between Northvolt and its creditors, shareholders, and at least one customer ...
Swedish-based Northvolt, which was seen as one of Europe’s best shots at fighting off China’s electric vehicle battery ...
Battery maker Northvolt AB called a shareholder meeting Wednesday, according to people familiar with the matter, as talks to raise a targeted $300 million in emergency funding reached a critical ...