The newly acquired division will operate as an independent entity within Scania Ventures and New Business, serving as a ...

The entire board of Northvolt, the bankrupt Swedish battery company, has resigned, the Swedish Companies Registration Office ...

Swedish truck maker Scania acquired Northvolt’s heavy industry business after reaching an agreement with the company’s ...

Scania has been confirmed as the purchaser Northvolt Systems Industrial, following news of an unnamed buyer in February ...

When Northvolt filed for bankruptcy in the US, it showed $8 billion of debt across all of its entities. "This was a decision we did not take lightly," Northvolt Chairperson Tom Johnstone told a ...

Fuelled by $15bn in financing, Northvolt was supposed to be Europe’s great battery success story — a homegrown champion capable of competing with Asian and American giants. So when ...

Now we know. Following Northvolt's bankruptcy, the factory will lose more than half its workforce. What was once Sweden's great green industrial hope now faces potential collapse. For Skellefteå, ...

COPENHAGEN, March 31 (Reuters) - Northvolt's bankruptcy trustee said on Monday it had reached an agreement in principle with key stakeholders in the electric vehicle battery maker for financial ...

Swedish truck maker Scania acquired Northvolt’s heavy industry business after reaching an agreement with the company’s bankruptcy trustee. A deal had been struck to buy the business earlier ...

Scania today announced the acquisition of the Industrial Division of Northvolt Systems, including production capabilities, a ...

STOCKHOLM (Reuters) - Volkswagen's truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery packs for heavy industry, reviving a transaction first ...