Volvo Cars is seeking to take over Northvolt's stake in their Swedish battery-making joint venture NOVO but will need a new ...

Volvo Cars wants to completely take over the battery cell joint venture Novo Energy, which is operated together with Northvolt. The background to this is that Northvolt has failed to fulfil its ...

Management of the Swedish electric battery giant is attempting to secure funds to avoid bankruptcy.

Swedish group says it will not invest in its battery group partner amid softening demand for vehicles in key markets ...

Swedish carmaker Volvo Cars, owned by China's Geely, said Wednesday it was taking full ownership of NOVO Energy -- its joint venture with ailing battery maker Northvolt.

Volvo Car AB said it is taking over a joint venture with struggling Swedish battery maker Northvolt AB.

Volvo Cars seeks to acquire Northvolt's stake in their Swedish battery joint venture after Northvolt halted funding. This move comes amid delays in Europe's EV battery production, affecting the green ...

Northvolt has been plagued by problems from incompetent management and poor safety standards to over-reliance on Chinese ...

Norway's Hydro said on Thursday it is now solely financing the Hydrovolt battery recycler which it set up with joint venture partner Sweden's Northvolt. The Norwegian group recently raised its stake ...

Swedes charged for Copenhagen grenade attack, expelled Left Party politician launches new party, and more news from Sweden on ...

Volvo Cars has today notified its counterpart in the NOVO Energy joint venture, Northvolt AB, that Volvo Cars will invoke its redemption rights to acquire Northvolt's shares in NOVO Energy. This ...

A round-up of the main headlines in Sweden on October 30th 2024. You can hear more reports on our homepage or in the app ...