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"https://techcrunch.com/2024/11/25/volkswagen-slashes-the-value-of-its-stake-in-northvolt-the-beleaguered-battery-manufacturer/"
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"Volkswagen slashes the value of its stake in Northvolt, the beleaguered battery manufacturer"
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"Northvolt, a Swedish battery company, has been writing down assets due to a deteriorating situation. The company's financial situation has worsened throughout the current fiscal year, leading to write-downs. This is a significant development for the company, which has been struggling to meet its goals."
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