Volvo Cars Will Not Pay Northvolt for Battery Joint Venture Stake, It Says
(Reuters) - Volvo Cars will not pay Northvolt any money for its 50% stake in their battery venture Novo Energy that it had ...
Volvo Cars' Operating Profit Falls in Q4 as Automaker Braces for Turbulent 2025
Operating profit at the company, which is majority-owned by China's Geely, was 3.9 billion Swedish crowns ($357 million) ...
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Northvolt Sells Stake in Novo Energy Amid Bankruptcy Protections
Swedish battery maker Northvolt is selling its stake in Novo Energy to Volvo. Under bankruptcy protection, Northvolt seeks to ...
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Volvo acquires battery joint venture Novo Energy
Volvo Cars and Northvolt have signed a share purchase agreement for Northvolt's shares in the jointly operated battery cell ...
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Northvolt sells stake in battery unit to Volvo, to explore North American deals
Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars (VOLCARb.ST), opens new tab on Wednesday to sell its stake in their joint battery venture Novo Energy for an undisclosed sum ...