Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed ...

Funds managed by Goldman Sachs Asset Management are set to write off almost $900 million on investments in Swedish battery ...

Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...

Goldman Sachs (NYSE:GS) will take a nearly $900M hit after Swedish EV battery maker Northvolt filed for chapter 11 bankruptcy ...

The US bank is the second-largest shareholder in Swedish battery maker Northvolt which has filed for Chapter 11 bankruptcy.

In addition to BMW and Volkswagen AG, Northvolt’s top investors included Goldman Sachs’s asset management arm, Denmark’s ...

Europe's biggest hope for an electric vehicle battery champion filed for U.S. Chapter 11 bankruptcy protection on Thursday ...

Sweden's Northvolt said on Thursday it will seek U.S. Chapter 11 bankruptcy protection as the cash-strapped battery start-up seeks to sort out its finances.

Northvolt has appointed restructuring expert Paul O'Donnell to oversee the lithium-ion battery maker's main facility in ...

Northvolt’s CEO and co-founder Peter Carlsson stepped down yesterday, a day after Europe’s biggest hope for an electric ...

Northvolt, whose motto is "make oil history ... with a 21 per cent stake, and Goldman Sachs, with a 19 per cent holding, as its biggest owners. Here is a timeline of major events.

Its two largest shareholders are Volkswagen and Goldman Sachs. Northvolt, which was set up in 2016, has missed some in-house production targets and has curtailed production at its plant ...