At the end of 2023, Volkswagen reported the book value of its shareholding in the Swedish firm at 693 million euros (USD 726 ...

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

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

Plus, Northvolt’s bankruptcy leads to investor losses and Blackstone teams up with energy giant in new financing deal ...

Established by Volkswagen in 2022, PowerCo is committed to building six battery cell gigafactories by 2030 with a combined ...

Israeli Prime Minister Benjamin Netanyahu said Tuesday that he would recommend his cabinet adopt a United States-brokered ...

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 ...

Europe risks losing investments and industrial jobs to countries including the US if the region fails to cut red tape and ...

As U.S. president-elect Donald Trump threatens Canada with major tariffs, sounding alarms over the number of people and drugs ...

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

(Bloomberg) -- Embattled electric-vehicle battery maker Northvolt AB hired financial adviser Houlihan Lokey Inc. to help it ...

Trump Vows to Hit Mexico, Canada and China With Tariff on Day 1 President-elect Trump promised a 25 percent tariff on Canada and Mexico, and an additional 10 percent on China, blaming the flow of ...