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 ...

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 Cars, the Chinese-owned automaker, has announced that it is seeking to take over Northvolt's stake in their Swedish battery-making joint venture NOVO. The move comes as Northvolt, once hailed as ...

Volvo Cars is taking over the Novo Energy joint venture it set up with Northvolt but may not make batteries at the plant in ...

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 ...

Volvo Car is taking over a joint venture with Northvolt to build a factory on Sweden’s west coast, underscoring the major challenges of scaling battery production in the EV market.

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 ...

Norway's Hydro said on Thursday it is now the sole company financing the Hydrovolt battery recycler, while its partner in the joint venture, Sweden's Northvolt, is no longer involved in paying for the ...

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

Swedish car maker Volvo Cars told its Novo Energy joint venture partner, battery maker Northvolt, that it will invoke its ...

Swedish car maker Volvo Cars told its Novo Energy joint venture partner, battery maker Northvolt, that it will invoke its redemption rights to acquire ...