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

Last week, Volvo Cars agreed with Northvolt to take over its stake in the venture, which included a planned Gothenburg ...

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

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 ...

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 ...

The Novo battery factory was announced in 2021 and meant to start production in 2026, but Volvo has said a new investor would be needed for that to happen.

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