Here is a preliminary five whys analysis of Northvolt’s bankruptcy based on recent research: After reporting a $1.2 billion ...

Northvolt AB, has potentially left a 300million euro (£250million) hole in its budget and may have scuppered the European ...

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

(Reuters) -Norwegian aluminium maker Norsk Hydro is no longer investing in its battery and green hydrogen businesses and will ...

Portuguese energy company Galp said late on Tuesday it has dropped its plan to build the Aurora lithium refinery after it ...

Galp said it will not proceed with its Portuguese Aurora project after being unable to find new international partners. The Portuguese oil-and-gas producer said late Tuesday that it has been looking ...

STOCKHOLM - Sweden's financially-strained electric car battery maker Northvolt announced recently the resignation of its CEO Peter Carlsson, hours ...

VWAGY significantly reduces its 21% stake in Northvolt and signs a contract with Novonix to procure synthetic graphite ...

It engaged Houlihan Lokey instead to help in its fundraising efforts while in Chapter 11, they added. Spokespeople for ...

Established by Volkswagen in 2022, PowerCo is committed to building six battery cell gigafactories by 2030 with a combined annual volume of 240 GWh – enough for about ...

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

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