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

Battery factories are popping up across North America. Here's where they are and how the Inflation Reduction Act influenced ...

Northvolt asks shareholders for $1.3 bln for next two years, sources say BMW expects its fourth-quarter pre-tax earnings to be significantly below last year and its full-year margin to be in the ...

Northvolt agreed to sell its interest in the joint venture NOVO Energy with Volvo Cars, as the battery maker navigates U.S. bankruptcy protection. The companies remain open to exploring collaborations ...

Northvolt has struggled with persistent quality issues and troubles increasing production of its battery cells, which caused BMW last year to cancel a 2 billion euro contract and other stakeholders to ...

STOCKHOLM (Reuters) -Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars on Wednesday to sell its stake ...

Northvolt's shareholders include Goldman Sachs and BMW as well as customers Volkswagen and Scania. It is not clear which investors were present at the meeting. The two sources said the ...

Volvo Cars announced on Wednesday that they have reached an agreement to buy out their partner, Northvolt, from their joint battery venture, NOVO Energy. The price of this deal remains undisclosed.

Northvolt had ceased funding for most of its joint ventures and non-core businesses, including Novo, throughout 2024 to ...

Northvolt has struggled with persistent quality issues and troubles increasing production of its battery cells, which led BMW to cancel a 2-billion euro ($2.08 billion) contract last year and ...

The sources declined to be identified because the details are confidential. Northvolt’s shareholders include Goldman Sachs and BMW as well as customers Volkswagen and Scania. It is not clear which ...