Contemporary Amperex Technology Co. Ltd., the world’s largest manufacturer of electric car batteries, has no plans to invest ...

(Bloomberg) -- For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse started in June when BMW AG canceled a multi-billion ...

VW's Northvolt stake had book value of 693 mln euros at end-2023 Pension fund AMF: regularly reviewing holdings in unlisted firms VW will not comment on fallout of Northvolt bankruptcy filing ...

Northvolt needs $1.2bn to continue operations. It’s a telling number after the Swedish battery manufacturer secured $15bn in funding, which has delivered none of its promised battery capacity ...

At the end of 2023, Volkswagen reported the book value of its shareholding in Northvolt at €693m. Credit: THINK A/Shutterstock. The writedown reflects the challenges faced by Northvolt ...

Last week’s bankruptcy filing by once-exulted Swedish battery developer Northvolt starkly revealed how slower demand for electric vehicles is rippling through European industry. But while ...

Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish manufacturer. Now the automaker’s €1.4 billion stake is worth less than ...

Electric vehicle battery maker Northvolt recently filed for bankruptcy protection in the United States. Obviously, this made a lot of waves in Quebec, where the company is to build a plant backed ...

BERLIN :Volkswagen, Northvolt's top shareholder, has significantly written down its 21 per cent stake in the Swedish battery cells maker that filed for bankruptcy protection in the United States ...

One of the people said the writedowns would have no impact on Volkswagen's annual results, pointing to the fact that writedowns on the carmaker's Northvolt stake had already been made prior to the ...