The sale of the business unit, known as Northvolt Systems Industrial, follows divestments to Norsk Hydro and Volvo Cars as the group seeks to offload projects and divisions to cut costs and focus ...

The sale of Northvolt Systems Industrial follows similar divestments to companies such as Norsk Hydro and Volvo Cars, as Northvolt aims to reduce costs and focus on its battery plant in northern ...

Late last month, Northvolt reached a deal handing its joint venture partner Volvo Cars full ownership of Novo Energy to build a battery factory in Gothenburg. The two businesses also signed a fram ...

The sale of the business unit, known as Northvolt Systems Industrial, follows divestments to Norsk Hydro and Volvo Cars as the group seeks to offload projects and divisions to cut costs and focus on ...

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 ...

STOCKHOLM—Truck maker Scania agreed to buy Northvolt’s heavy industry business, as the battery maker continues to work through a restructuring process. “This acquisition will provide access ...

The sale of Northvolt's industrial business unit, known as Northvolt Systems Industrial, follows previous divestments to Norsk Hydro and Volvo Cars, as the company works to offload projects and ...

STOCKHOLM—Truck maker Scania agreed to buy Northvolt’s heavy industry business, as the battery maker continues to work through a restructuring process.“This acquisition will provide access to a highly ...

Swedish automotive company Volvo Cars Corp. notified Northvolt AB, a partner in the NOVO Energy joint venture, of its intention to use the pre-emptive share repurchase right to acquire full control ...

Northvolt sells stake in battery unit to Volvo, to explore North American deals Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars on Wednesday to sell its stake in their ...