Northvolt has sold its Systems Industrial division to an unnamed buyer as it continues to streamline its operations ...

Northvolt said the sale of the unit, which employs around 300 people, is subject to regulatory clearances and the execution ...

Before its Chapter 11 bankruptcy filing Northvolt was recognised as Europe's primary competitor to challenge Asian companies ...

Northvolt has agreed to sell its business unit that produces electric battery packs for heavy industry, one of its few ...

Sweden’s Northvolt has agreed to sell a business that makes electric battery packs for heavy industry, one of its few profitable units, to its customer and partner Scania, the two companies said ...

STOCKHOLM—Truck maker Scania agreed to buy Northvolt’s heavy industry business, as the battery maker continues to work through a restructuring process. “This acquisition will provide access ...

The purchase amount has been negotiated as part of a larger settlement with Northvolt, taking many factors into account," a Volvo spokesperson told Reuters. Northvolt did not respond to a request ...

(Reuters) - Volvo Cars will not pay Northvolt any money for its 50% stake in their battery venture Novo Energy that it had agreed to acquire, according to the automaker's quarterly report on Thursday.