Truckmaker Scania has stepped in to help Northvolt with the day-to-day running of its flagship plant in northern Sweden, a ...

Northvolt asked more than 100 shareholders at a meeting this month to provide $1.29-billion over the next two years to help restore the bankrupt Swedish battery maker’s business, two sources ...

Volvo Cars and Northvolt, once hailed as Europe's best prospect for a domestic EV battery champion, formed Novo in 2021 to build a dedicated battery factory in Gothenburg on Sweden's west coast.