Northvolt, Goldman Sachs

Goldman Sachs (NYSE:GS) will take a nearly $900M hit after Swedish EV battery maker Northvolt filed for chapter 11 bankruptcy ...
Goldman Sachs has a smudge on its face when it comes to electric vehicle batteries. The storied Wall Street giant was a major ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
It was Europe's flagship battery production. At least, it wanted to be. The Swedish company Northvolt was placed under ...
The rules are different in private equity. The Financial Times reported over the weekend that Goldman Sachs would write down its $900mn investment in troubled battery maker Northvolt to zero.
For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...