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The National Highway Traffic Safety Administration Thursday released a warning to owners of certain Volvo models, advising them of a possible brake failure. The agency urges ...
Volvo Cars' battery company Novo Energy said on Monday it will cut its workforce by 50% to reduce costs after evaluating its business to take account of the bankruptcy of Sweden's Northvolt, which ...
Volvo Cars in February agreed with Northvolt to take over its 50% stake in Novo Energy, which included a planned Gothenburg battery cell factory, paying only a token sum.
Volvo introduced its next electric vehicle, the ES90 sedan, with 434 miles of range and dual Nvidia computers.
Tariffs on electric-vehicle battery cells and materials imported from China more than tripled to 25 percent last year, pressuring Volvo Cars to find a domestic source for its U.S.-made EX90 crossover.
Volvo Cars will not pay Northvolt any money for its 50% stake in their battery venture Novo Energy that it had agreed to acquire, according to the automaker's quarterly report on Thursday.
Swedish EV battery maker Northvolt has reached an agreement with Volvo Cars to sell its stake in their Swedish battery-making joint venture, Novo Energy.
STOCKHOLM: Northvolt agreed with Volvo Cars today to sell the battery maker’s stake in their joint venture Novo Energy for an undisclosed sum and explore potential collaborations in North America.
It was developed by Volvo together with British technology firm Circulor in response to growing ESG concerns surrounding battery components.Starting this year, the battery passport will be ...
Volvo is planning to launch an electric vehicle battery passport for its upcoming EX90 SUV model later this year in Europe and the US.
Volvo is set to become the first electric vehicle manufacturer to offer a battery passport on its new $76,695 /£95,400 /AU$155,00 EX90 electric SUV, which will offer information on the raw ...
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