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 ...

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

The automotive aftermarket sector has faced a flurry of bankruptcy filings despite some firms in the industry experiencing an ...

Autos & Transportationcategory· 7:04 AM UTC Volkswagen's Scania buys bankrupt Northvolt's heavy industry battery packs unit Volkswagen's truckmaker Scania said on Friday it had agreed to buy ...

Scania is investing in the electrification of freight transport through the acquisition of the industrial division of ...

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

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 ...

The company explained that the delay in submission was due to a late response to loss data related to the bankruptcy of its major customer, European battery manufacturer Northvolt. The Korea ...

Mack Trucks reported sales increased 9.4% to 1,518 units from 1,388. Volvo Trucks North America saw sales decrease 21.8% to 1,577 units from 2,016 last year. Mack and VTNA are brands of Volvo Group.