Northvolt sells unti to truckmaker Scania Companies decline to disclose sale price Unit was earmarked for sale by end-2024 Northvolt's available cash soon running out STOCKHOLM, Feb 18 (Reuters ...

Northvolt said the sale of the unit, which employs around 300 people, is subject to regulatory clearances and the execution of binding agreements. Sweden's Northvolt has agreed to sell a business ...

Northvolt’s Systems Industrial division is engaged in providing battery modules and systems for various industries. Credit: Northvolt AB. Sweden’s Northvolt has agreed to divest its Systems ...

Sweden's Northvolt has agreed to divest its Systems Industrial division, a key developer and manufacturer of battery systems for heavy industry sectors. Northvolt’s Systems Industrial division ...

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 ...

Company filed for bankruptcy in November Northvolt needs $1.29 billion until 2027, sources say Slightly above the $1-$1.2 bln range given before Asian partner likely needed to rescue company ...

Northvolt intends to focus on its primary battery cell production business. Credit: Jeppe Gustafsson/Shutterstock. Swedish EV battery maker Northvolt has reached an agreement with Volvo Cars to ...

STOCKHOLM (Reuters) - 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 ...

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 business, two sources ...

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 ...

Cerruti will retain his role as chairman of the board of the Canadian entity, the statement said, adding that "Paolo will continue to support the growth and success of Northvolt North America from ...

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 North America ...