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 ...

Volvo Cars has agreed to acquire Northvolt's stake in their joint battery venture, NOVO Energy, after Northvolt's financial difficulties. The venture was established in 2021 to construct a battery ...

STOCKHOLM/BERLIN/FRANKFURT :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 ...

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.

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.

STOCKHOLM (Reuters) -Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars on Wednesday to sell its stake in their joint battery venture Novo Energy for an undisclosed sum and ...

STOCKHOLM/BERLIN/FRANKFURT (Reuters) – 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 ...

STOCKHOLM (Reuters) -Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars on Wednesday to sell its stake in their joint battery venture Novo Energy for an undisclosed sum and ...

Truckmaker Scania has stepped in to help Northvolt with the day-to-day running of its flagship plant in northern Sweden, a last-ditch effort to boost quality and output at the struggling electric ...

The $6.8 million sale is part of broader divestment strategy Northvolt said more divestments expected during its Chapter 11 Troubled battery maker Northvolt AB won bankruptcy court approval to sell ...