US semiconductor maker Wolfspeed to file for bankruptcy
Supplier to EV companies cites deal with creditors to reduce near $6.5bn debt by 70 per cent
Supplier to EV companies cites deal with creditors to reduce near $6.5bn debt by 70 per cent

Japan’s Marelli saw debts pile up as key customers Nissan and Stellantis struggled

Executives warn production lines could stop within weeks as the Dutch chipmaker is not sending products to China unit

Californian company aims to make batteries for broader range of industries than just EVs

US chipmaker posts positive revenue and forecast as it cuts jobs

Group posts full-year net loss of $8.2bn owing to $19.5bn charge it disclosed last month

Detroit carmaker has secured a $3bn credit line to prepare for rising cash pressure