Northvolt's $15 billion collapse shook the cleantech industry. Its rival Redwood Materials takes a different approach in ...

Swedish truck maker Scania acquired Northvolt’s heavy industry business after reaching an agreement with the company’s bankruptcy trustee. A deal had been struck to buy the business earlier ...

Swedish truck manufacturer Scania has secured an additional supply of battery cells to complement its existing deal with Northvolt, reported Reuters. This move comes as Scania faces challenges in ...

‘Stretched too thin’ Shivangee Chauhan, a battery analyst at consultancy Benchmark Mineral Intelligence, said that while Northvolt had begun manufacturing cells before its collapse, scaling up ...

Northvolt had for months attempted to sell some of its non-core businesses to try to rescue its core operations that produce battery cells for EVs. Scania said the purchase was in line with its ...

The lithium-ion battery cells employed for production at the manufacturing plant will be supplied by the Northvolt Ett Gigafactory in Skellefteå, Sweden. In addition to the Swedish and Polish ...