Kirkland & Ellis and A&O Shearman are advising Swedish battery maker Northvolt as it enters Chapter 11 restructuring ...

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

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

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 ...

Peter Carlsson, the CEO and co-founder of Northvolt, quit the company last week and in doing so revealed that it needed a ...

At the end of 2023, Volkswagen reported the book value of its shareholding in the Swedish firm at 693 million euros (USD 726 ...

Plus, Northvolt’s bankruptcy leads to investor losses and Blackstone teams up with energy giant in new financing deal ...

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

Founded in 2016 by two former Tesla executives, Northvolt managed to win the backing of major financiers and customers, ...

Despite receiving over $10 billion in various forms of financing since its inception in 2016, Northvolt's inability to secure ...

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