Swedish EV battery maker Northvolt has reached an agreement with Volvo Cars to sell its stake in their Swedish battery-making ...

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 ...

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[Stay on top of transportation news: Get TTNews in your inbox.] Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees will be ...

Northvolt sells stake in battery unit to Volvo, to explore North American deals Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars on Wednesday to sell its stake in their ...

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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. European battery companies are scaling back their ambitions and striking deals with Asian competitors after ...

‘We have a completely wrong policy framework in Europe that doesn’t help companies like Northvolt,’ says Julia Poliscanova of advocacy group Transport & Environment General consensus is that ...

Now we know. Following Northvolt's bankruptcy, the factory will lose more than half its workforce. What was once Sweden's great green industrial hope now faces potential collapse. For Skellefteå, ...

Northvolt, once seen as Europe’s best hope for a strong battery industry, has filed for bankruptcy in Sweden. The company, which aimed to create the “world’s greenest battery,” struggled ...