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Northvolt, Volkswagen
Volkswagen writes down Northvolt stake following bankruptcy filing
Volkswagen has substantially written down its 21% stake in Northvolt, a Swedish battery cell manufacturer, following the company's recent filing for bankruptcy protection in the US, reported Reuters.
Opinion
Northvolt’s Bankruptcy and the EV Crash
Green industrial policy is failing in Europe, a warning to the next Trump Administration.
Volkswagen has taken major writedown on Northvolt stake, sources say
Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker that filed for bankruptcy protection in the United States last week, two people familiar with the matter said.
Auto123
13h
Northvolt Confirms Moving Forward in Quebec, Despite U.S. Bankruptcy Filing
Despite filing for bankruptcy protection in the United States, Northvolt is moving forward with the construction of its plant ...
2d
on MSN
Northvolt crisis may be make or break for Europe's EV battery ambitions
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
2d
on MSN
Northvolt collapse leaves EU taxpayer on the hook for €293m
The Swedish battery maker filed for bankruptcy last week, dashing ambitions for the European electric vehicles sector – and ...
5d
Northvolt CEO steps down, saying group needs up to $1.2 billion
Northvolt's CEO and co-founder Peter Carlsson stepped down on Friday, a day after Europe's biggest hope for an electric ...
DPA International on MSN
4d
German minister 'cautiously optimistic' about battery firm Northvolt
German Economy Minister Robert Habeck expressed cautious optimism about the future of financially troubled Swedish electric ...
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