Goldman Sachs (NYSE:GS) will take a nearly $900M hit after Swedish EV battery maker Northvolt filed for chapter 11 bankruptcy ...

Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed ...

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

This move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for ...

Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...

Northvolt's US unit files for Chapter 11 bankruptcy protection as CEO Peter Carlsson, who has led the startup since 2016, ...

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Peter Carlsson has led Northvolt since its inception in 2016. He co-founded Northvolt with the mission to drive sustainable ...

Beleaguered Swedish battery manufacturer Northvolt announced on Thursday that it was filing for bankruptcy in the U.S., ...

Company co-founder Peter Carlsson steps down from CEO position at Northvolt in the wake of Chapter 11 announcement in the United States. The Swedish battery maker has embarked on a debt restructuring ...

Northvolt has just $30 million in cash and $5.84 billion in debt, but says it can emerge from restructuring in Q1 2025 ...

Northvolt, a major Swedish battery maker, filed for bankruptcy in the U.S., seeking to restructure the debt it had taken on ...