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. The two companies will also explore ...

Credit: Jeppe Gustafsson/Shutterstock. 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.

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STOCKHOLM (Reuters) -Northvolt agreed with Volvo Cars on Wednesday to sell the battery maker’s stake in their joint venture NOVO Energy for an undisclosed sum and explore potential collaborations in ...

STOCKHOLM (Reuters) – Volvo Cars has signed an agreement to buy struggling Swedish battery maker Northvolt’s stake in their joint battery venture NOVO Energy, the Sweden-based automaker said on ...

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 ...

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.

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.

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 (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 ...