An Israeli strike on a Lebanese army center on Sunday killed one soldier and wounded 18 others, the Lebanese military said.

A Canadian technology analyst says it appears Bluesky has legitimate growth momentum in the U.S. and elsewhere, and could be ...

Northvolt needs $1.2bn to continue operations. It’s a telling number after the Swedish battery manufacturer secured $15bn in funding, which has delivered none of its promised battery capacity ...

VW's Northvolt stake had book value of 693 mln euros at end-2023 Pension fund AMF: regularly reviewing holdings in unlisted firms VW will not comment on fallout of Northvolt bankruptcy filing ...

BERLIN (Reuters) -Volkswagen, Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker that filed for bankruptcy protection in the United States ...

One of the people said the writedowns would have no impact on Volkswagen's annual results, pointing to the fact that writedowns on the carmaker's Northvolt stake had already been made prior to the ...

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 ...

Last week’s bankruptcy filing by once-exulted Swedish battery developer Northvolt starkly revealed how slower demand for electric vehicles is rippling through European industry. But while ...

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Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish manufacturer. Now the automaker’s €1.4 billion stake is worth less than ...

CATL (Contemporary Amperex Technology Co. Ltd.) is the world leader in batteries for electric vehicles. Swedish company Northvolt is reportedly in talks with several Chinese battery manufacturers ...