Author Topic: A Big Charge: Goldman Sachs’ Billion-Dollar EV Battery Bet Ends In Disaster  (Read 214 times)

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Offline rangerrebew

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A Big Charge: Goldman Sachs’ Billion-Dollar EV Battery Bet Ends In Disaster

Douglas McIntyre, editor-in-chief at Climate Crisis, discusses Goldman Sachs’ billion-dollar loss on Northvolt, a European battery manufacturer that recently filed for bankruptcy. Major automakers like Volkswagen and BMW, which relied on Northvolt, are also facing significant challenges, with VW potentially laying off 30,000 workers in Germany. McIntyre notes that Europe may now need to turn.

https://www.msn.com/en-us/money/topstocks/a-big-charge-goldman-sachs-billion-dollar-ev-battery-bet-ends-in-disaster/vi-AA1uNyqs?ocid=msedgntp&pc=HCTS&cvid=df42816502694dafa74a9331d7e425f1&ei=85
abolitionist Frederick Douglass: “Power concedes nothing without a demand. It never did, and it never will.”