The modular housing units in Skellefteå were emptied of tenants after Northvolt’s collapse.Now the company Away, which owns ...

Volkswagen AG ’s truck unit Scania said it had agreed to buy the industrial division of Northvolt Systems, one of the remaining assets of the bankrupt Swedish battery maker. The deal, reached with the ...

SÖDERTÄLJE, Sweden, April 11, 2025 /PRNewswire/ -- Scania today announces the acquisition of the Industrial Division of Northvolt Systems, including production capabilities, a research and ...

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 ...

"Our role advising on this landmark transaction involving a consortium of leading private equity and sovereign investors underscores the scale of IFS's transformation into a global, AI-driven ...

The Toronto-based fund manager wrote down its $400 million investment in Northvolt AB, the electric vehicle battery maker that filed for bankruptcy protection last year. IMCO was founded in 2016 to ...

In Heide, Germany, a Northvolt battery plant for electric vehicles is under construction and scheduled to open in 2026, despite uncertainty following the bankruptcy of its Swedish counterpart. The ...

Swedish news outlet Norran quoted an anonymous Northvolt employee who said the company’s management stated a “very interesting player” had made a confidential visit to the battery factory on Friday ...

[Stay on top of transportation news: Get TTNews in your inbox.] Daimler Truck North America sold 38,992 trucks and buses in the first quarter of 2025, a decrease of 16% compared with 46,229 ...

Sweden’s Social Democrat opposition is calling on the government to double the three-month job-hunting deadline for work permit holders laid off in the Northvolt crisis. As The Local has previously ...

Northvolt equipment with a purchase value of around SEK 3 billion is now being auctioned off to help pay off the bankrupt batterymaker's debts. The auction will be one of the largest of its kind ...