Snow-naïve and slightly apprehensive, new residents of Skellefteå took the plunge – literally. Ice bathing offered a unique ...

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, which is under bankruptcy protection, formed the joint venture in 2021 to build a 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 ...

Northvolt, which is under U.S. bankruptcy protection, ceased funding for most of its joint ventures, including Novo, throughout 2024 to sustain its primary business of battery cell production.

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 ...