Truckmaker Scania has stepped in to help Northvolt with the day-to-day running of its flagship plant in northern Sweden, a ...

In Europe, home to Northvolt’s biggest clients, demand has been particularly weak. Sales are down 3pc so far this year, according to Rho Motion. In Germany, they have fallen by 18pc. Volkswagen ...

Investment Management Corporation of Ontario has written down its $400 million investment in Northvolt. It is the latest ...

Founders Peter Carlsson and Paolo Cerruti, former Tesla executives, brought with them extensive experience in managing global ...

Northvolt's shareholders include Goldman Sachs and BMW as well as customers Volkswagen and Scania. It is not clear which investors were present at the meeting. The two sources said the ...

Northvolt has agreed to sell its industrial battery unit to Swedish truckmaker Scania, as Europe’s troubled battery maker ...

Death of three Northvolt staff not linked to the company, police say December 16, 2024 Europe, home to carmakers such as Volkswagen and Stellantis, has seen its push to attract electric vehicle ...

“In addition, Northvolt has, to date, secured in excess of $27 billion worth of contracts from key customers including BMW, Fluence, Scania and Volkswagen, to support its plan, which also ...

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 ...

Scania, controlled by Volkswagen’s commercial vehicles arm Traton Group, depends on Northvolt for battery cells for its e-trucks and owns a stake in the Swedish green tech player. It pledged ...