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 ...

Credit: Northvolt Northvolt’s operations in Sweden are now up for sale. Volkswagen, Scania, and Volvo are all potential buyers, while some experts believe a Chinese company will acquire the ...

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

German carmaker Volkswagen saw a slight rise in vehicle deliveries during the first three months of the year, helped by ...

Northvolt, a major Swedish battery maker, filed for bankruptcy in the U.S., seeking to restructure the debt it had taken on to pay for its rapid expansion. Stockholm-based Northvolt said it had ...

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 ...

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.

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 ...