Northvolt's factory in northern Sweden makes EV batteries.JONATHAN NACKSTRAND/AFP/Getty ImagesEV battery maker Northvolt has entered Chapter 11 bankruptcy protection, it said on Thursday.The Swedish firm, founded by two ex-Tesla executives, has struggled amid stuttering demand for EVs.Northvolt said it had secured an extra $245 million in funding as part of the bankruptcy deal.Northvolt, the battery company founded by two former Tesla executives…

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An EV battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash

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Funds managed by Goldman Sachs Asset Management were forced to take a write-down of $896 million after Swedish battery maker Northvolt filed for restructuring along with Chapter 11.

Fonder som hanteras av Goldman Sachs Asset Management tvingas ta en nedskrivning om 896 miljoner dollar efter att svenska batteritillverkaren Northvolt ansökt om rekonstruktion enligt Chapter 11.

Fondjätte tar miljardförlust i Northvolt

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Bonnier Group

Stockholm

Stockholm County

Sweden

Fondjätte takes billion losses in Northvolt

Goldman Sachs on the way to billion write-downs after crisis in battery company Heavy write-downs are on the way in funds at Goldman Sachs, after the battery manufacturer Northvolt filed for bankruptcy on Thursday

Goldman Sachs på vej med milliardnedskrivning efter krise i batteriselskabDer er heftige nedskrivninger på vej i fonde hos Goldman Sachs, efter batteriproducenten Northvolt torsdag søgte om konkursbes

Goldman Sachs på vej med milliardnedskrivning efter krise i batteriselskab

borsen.dk

Goldman Sachs on track with a billion write-down after crisis in battery company

Goldman Sachs takes a loss on Swedish battery investment     
Goldman Sachs takes a write-down of 900 million dollars for its investment in the Swedish battery factory Northvolt, reports the Financial Times. The US bank has the second largest stake in Northvolt, which filed for bankruptcy protection this week. Pål Ringholm, investment director at Formue, comments on the Goldman Sachs write-down on his X account, a message Finansavisen caught fir…

Goldman Sachs tar tap på svensk batteri-investering     
Goldman Sachs tar en nedskrivning på 900 millioner dollar for sin investering i den svenske batterifabrikken Northvolt, melder Financial Times. Den amerikanske banken har den nest største eierandelen i Northvolt, som søkte om konkursbeskyttelse denne uken. Pål Ringholm, investeringsdirektør i Formue, kommenterer Goldman Sachs-nedskrivingen på sin X-konto, en melding Finansavisen fanget opp…

Goldman Sachs tar tap på svensk batteri-investering

Nettavisen

Goldman Sachs takes a loss on Swedish battery investment

Funds managed by Goldman Sachs will post losses of nearly $900 million after Swedish lithium-ion battery maker Northvolt filed for Chapter 11 bankruptcy in the US this week, the Financial Times reports.

Fonduri gestionate de Goldman Sachs vor înregistra pierderi de aproape 900 de milioane de dolari după ce producătorul suedez de baterii litiu-ion Northvolt a depus în SUA cerere de faliment în temeiul Capitolului 11 în această săptămână, relatează Financial Times.

Goldman Sachs va înregistra pierderi de 900 de milioane de dolari după falimentul producătorului suedez de baterii Northvolt

News.ro

Goldman Sachs will record losses of 900 million dollars after the bankruptcy of the Swedish battery manufacturer Northvolt

Northvolt, the electric vehicle battery company founded by two former Tesla executives, has filed for Chapter 11 bankruptcy protection in the U.S. after struggling to increase production capacity. The Swedish company declared on Thursday that it voluntarily entered the bankruptcy procedure in the USA, in order to be able to restructure its debt and […] The article The start-up that collected 15 billion. dollars from investors requested controlle…

Northvolt, compania de baterii pentru vehicule electrice fondată de doi foști directori de la Tesla, a solicitat protecția împotriva falimentului în SUA conform capitolului 11 ​​după ce s-a străduit să-și mărească capacitatea de producție. Compania suedeză a declarat joi că a intrat voluntar în procedura de faliment în SUA, pentru a-și putea restructura datoria și […] Articolul Start-up-ul care a adunat 15 mld. dolari de la investitori a cerut f…

Start-up-ul care a adunat 15 mld. dolari de la investitori a cerut falimentul controlat, sperând la noi investiții

CursDeGuvernare.ro

The start-up that collected 15 billion dollars from investors requested controlled bankruptcy, hoping for new investments

Northvolt was one of the world’s most valuable battery startups. Now it has run out of charge. Over the past week, the Swedish company filed for bankruptcy in the U.S. and said its co-founder was stepping down as chief executive, after a turbulent year of production problems and job cuts.
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An EV battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash

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