Over the past few years, electric vehicle (EV) manufacturing facilities producing lithium batteries and EV car parts were ...

Swedish truck maker Scania acquired Northvolt’s heavy industry business after reaching an agreement with the company’s bankruptcy trustee. A deal had been struck to buy the business earlier ...

Scania has been confirmed as the purchaser Northvolt Systems Industrial, following news of an unnamed buyer in February ...

Swedish automotive company Volvo Cars Corp. notified Northvolt AB, a partner in the NOVO Energy joint venture, of its intention to use the pre-emptive share repurchase right to acquire full control ...

Scania, the truck manufacturing subsidiary of Volkswagen, has agreed to acquire Industrial Division of Northvolt Systems to strengthen its off-road electrification capabilities. The deal includes ...

(Bloomberg) -- Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be laid off. “Despite significant reductions ...

STOCKHOLM: Northvolt has held talks with a big industrial company on selling the business that makes electric battery packs for heavy industry, as a lack of funds forces it to try to divest one of ...

Volvo Cars says it will pay Northvolt almost nothing for battery joint venture stake Volvo Cars will pay Northvolt almost nothing for its 50% stake in their battery venture Novo Energy that it had ...

A significant proportion of those at Northvolt who have been given notice with paid leave are union representatives – a situation that has caused concern for IF Metall. – That is our primary point of ...

The Northvolt Ett factory in Skellefteå photographed in November 2024. Photo: Judit Nilsson/SVD/TT "The whole lot of them have chosen to go," an official at the registration office told the ...

STOCKHOLM (Reuters) - Volkswagen's truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery packs for heavy industry, reviving a transaction first ...