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

European markets are expected to open higher on Friday. The U.K.'s FTSE 100 index is expected to open 33 points higher at ...

For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...

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

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

Northvolt, once Europe's beacon for electric vehicle batteries, filed for U.S. Chapter 11 bankruptcy protection. CEO Peter Carlsson resigned amid production woes and financial instability. The firm's ...

Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...

Perhaps no other European battery startup over the past decade has created as much industry buzz as Northvolt, backing rapid ...

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The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 ...

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

Northvolt has been seen as a cornerstone of European attempts to catch up with China and the United States in the production of battery cells, a crucial component of ...