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

Northvolt is bankrupt. But European car companies desperately need its automotive batteries for future production targets.

Struggling Swedish EV battery maker Northvolt filed for U.S. Chapter 11 bankruptcy protection on Thursday after failing to establish a funding ...

Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish ...

Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...

Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...

Yet analysts believe that if Europe backs off in the battery race now, it risks being even more behind China than it already ...

This Battery Startup Raised $15 Billion. Then It Went Bust. Sweden's Northvolt was once a darling of the battery ... These Startups Are Finally Bringing EV Chargers to America's Cities The lack of ...

Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant ...

The CEO of Northvolt, Peter Carlsson, today resigned amongst ongoing fallout from the Swedish EV battery maker’s U.S. Chapter ...

Peter Carlsson, co-founder and leader of Northvolt since 2016, will remain as advisor as he quit a day after the firm filed ...

Ready to score big this Black Friday? Cleaning and organizing expert Melissa Maker reveals small yet brilliant gadgets to ...