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

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

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 ...

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 ...

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 ...

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 ...

Volvo Cars takes full ownership of NOVO Energy AB Volvo Cars also said on Wednesday that it would be buying Northvolt AB’s share in their joint venture NOVO Energy AB, thus acquiring full ...

Hakan Samuelsson returned as CEO of Volvo Cars by surprise appointment during a difficult market period to lead the automaker with his previous leadership experience. The company made this move ...

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.

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

“The V60 is a sensible, safe Volvo, just as you’d expect. The estate car of choice if comfort (and style) means more to you than handling” This is Volvo’s smallest estate, which was ...