Northvolt, a major Swedish battery maker ... delivering to customers and paying key vendors during its restructuring in chapter 11. Scania, a Swedish manufacturer of trucks and buses, will ...

Volkswagen's truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery packs for ...

It needs up to US$1.2bil in external long-term funding. In its Chapter 11 filing on Nov 21, Northvolt said it would try to sell Northvolt Systems Industrial, which makes batteries for industrial ...

Northvolt did not owe Skellefteå Kraft significant debts at the time of the bankruptcy. The energy giant's CEO, Joachim ...

Swedish truck maker Scania acquired Northvolt’s heavy industry business ... this year as the battery maker worked through a Chapter 11 bankruptcy protection process to restructure its debt.

SÖDERTÄLJE, Sweden, April 11, 2025 /PRNewswire/ -- Scania today announces the acquisition of the Industrial Division of Northvolt Systems ... Scania marks the next chapter in our journey.

Northvolt’s bankruptcy trustee said on Monday it had reached an agreement in principle with key stakeholders in the electric vehicle battery maker for financial guarantees allowing the company ...

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 ...

Two years in, Germany’s flat-rate national transport ticket gets mixed marks ...

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 ...

Scania today announced the acquisition of the Industrial Division of Northvolt Systems, including production capabilities, a research and development center, and a team of approximately 260 employees.