Northvolt sells unti to truckmaker Scania Companies decline to disclose sale price Unit was earmarked for sale by end-2024 Northvolt's available cash soon running out STOCKHOLM, Feb 18 (Reuters ...

Northvolt said the sale of the unit, which employs around 300 people, is subject to regulatory clearances and the execution of binding agreements. Sweden's Northvolt has agreed to sell a business ...

Northvolt’s Systems Industrial division is engaged in providing battery modules and systems for various industries. Credit: Northvolt AB. Sweden’s Northvolt has agreed to divest its Systems ...

Sweden's Northvolt has agreed to divest its Systems Industrial division, a key developer and manufacturer of battery systems for heavy industry sectors. Northvolt’s Systems Industrial division ...

Scania is supporting Northvolt's operations in Sweden Scania staff heavily involved in day-to-day running of Northvolt Ett plant, documents Northvolt faces financial struggles, needs $1.29 bln to ...

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 ...

Cerruti will retain his role as chairman of the board of the Canadian entity, the statement said, adding that "Paolo will continue to support the growth and success of Northvolt North America from ...

STOCKHOLM (Reuters) - 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 ...

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 ...

“We can confirm that our legal advisors have informed a few claimants about the potential consequences of violating a Chapter 11 process, which we feel obliged to do as we’re under the process,” a ...

Sweden's troubled battery maker Northvolt has asked for an extension in its Chapter 11 process in the United States. Financially strained, the company announced in November that it had applied for ...