Investment Management Corporation of Ontario has written down its $400 million investment in Northvolt. It is the latest ...

Volvo Cars will pay Northvolt almost nothing for its 50% stake in their battery venture Novo Energy that it had agreed to ...

By Marie Mannes STOCKHOLM (Reuters) -Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars on Wednesday to ...

Truckmaker Scania has stepped in to help Northvolt with the day-to-day running of its flagship plant in northern Sweden, a ...

"Northvolt to divest stake in battery venture to Volvo" was originally created and published by Just Auto, a GlobalData owned ...

Truckmaker Scania is assisting Northvolt with operations at its struggling battery plant in Sweden. By providing staff ...

Northvolt, a Swedish battery maker under bankruptcy protection, is selling its stake in Novo Energy to Volvo Cars, ceasing ...

Volvo Cars will not pay Northvolt any money for its 50% stake in their Novo Energy battery venture, which it had agreed to ...

Northvolt, currently under US bankruptcy protection, stopped funding most of its joint ventures, including Novo, throughout 2024 to prioritise its core business of battery cell production.

Last week, Volvo Cars agreed with Northvolt to take over its stake in the venture, which included a planned Gothenburg battery cell factory without disclosing the amount involved. Northvolt ...

Northvolt intends to focus on its primary battery cell production business. Credit: Jeppe Gustafsson/Shutterstock. Swedish EV battery maker Northvolt has reached an agreement with Volvo Cars to ...