Galp, a Portuguese energy company, has cancelled its plans to construct the Aurora lithium refinery in Portugal, Reuters has ...

Galp was left alone in early 2024, when Northvolt said it would not invest in the 50-50 joint venture set up in021.

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

Volkswagen AG VWAGY, the largest shareholder in Swedish battery maker Northvolt, has significantly reduced its 21% stake in Northvolt following the battery maker’s recent bankruptcy protection filing ...

Established by Volkswagen in 2022, PowerCo is committed to building six battery cell gigafactories by 2030 with a combined annual volume of 240 GWh – enough for about ...

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

Volkswage has significantly written down its 21% stake in Northvolt that filed for bankruptcy protection in the U.S. last ...

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

Like other European automakers, Volkswagen faces growing competition from Chinese ... The recent bankruptcy of Northvolt, ...

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

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

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