Volkswagen , Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker ...

VWAGY significantly reduces its 21% stake in Northvolt and signs a contract with Novonix to procure synthetic graphite ...

Volkswagen and Goldman Sachs write off stakes in Northvolt due to missed production targets, resulting in significant ...

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

Volkswagen has written down the majority of its 21 per cent stake in Northvolt over the past year ahead of the Swedish ...

The write down reflects the challenges faced by Northvolt, including missed production targets and a slower-than-expected ...

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

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 ...

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 ...

Northvolt’s story isn’t just about the big bucks of its big backers. It has doled out some important lessons about what’s ...