Canada's 100% tariff keeps China's electric cars out for now. However, America's new trade war makes a deal with China ...

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More Swedes trust the state-run alcohol monopoly Systembolaget more than the Church of Sweden, new figures reveal. But which companies do they trust the most, and who were the worst of the bunch?

Northvolt dedicates its main operations in northern Sweden after selling various non-core business assets including sales to Norsk Hydro and Volvo Cars in order to generate financial stability.

Northvolt spokesman Erik Zsiga told AFP the company had requested an extension, but still aimed "to finalise the Chapter 11 process in the first quarter." "But we also need to act to have ...

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 ...

Northvolt Systems Industrial was founded by Northvolt in 2018 and currently employs around 300 people at a prototype facility for battery systems in Stockholm and at the production facility in Gdansk.

Northvolt has been forced to sell its Systems Industrial division and divest from Norsk Hydro and Volvo Cars following a lack of capital in the company. Despite earning over $10 billion in equity 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 ...

Northvolt has signed a Sale and Purchase Agreement for the acquisition of its Systems Industrial division, a developer and manufacturer of battery systems for the heavy industry and off-highway market ...

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 ...