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Scania, Northvolt

Northvolt sells heavy industry battery business to truckmaker Scania

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 two companies said on Tuesday,

The Wall Street Journal on MSN · 1d

Scania Agrees to Buy Northvolt’s Heavy Industry Battery Business

Scania agreed to buy Northvolt’s heavy industry business as the battery maker continues to work through a restructuring process.

The Financial Times · 1d

Northvolt to sell industrial battery unit to Scania

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

trans · 4h

Scania acquires Northvolt’s industrial battery business

Northvolt has signed a Sale and Purchase Agreement for the acquisition of its Systems Industrial division, a developer and manufacturer of battery systems for the heavy industry and off-highway market segments.

norran · 1d

Northvolt sells Polish battery pack plant to Scania

Northvolt has agreed to sell its business unit that produces electric battery packs for heavy industry, one of its few profitable divisions, to

The Local1h

Sweden's Northvolt asks for extension of bankruptcy protection process

Sweden's troubled battery maker Northvolt has asked for an extension in its Chapter 11 process in the United States.

RTE Online2h

Northvolt asks for extension of Chapter 11 process

Sweden's Northvolt said today it had asked for an extension in its bankruptcy protection process in the US, as the ...

Fully loaded ATN17h

Northvolt secures buyer for Systems Industrial division

Northvolt has sold its Systems Industrial division to an unnamed buyer as it continues to streamline its operations ...

norran2d

Battery drain - Northvolt's billions vanish in write-downs

In just over a month, battery manufacturer Northvolt has made huge losses, according to Sveriges Radio Ekot. – Almost ...

electrive6d

Canadian fund writes down Northvolt investment

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

Transport Topics2h

Nikola Declares Bankruptcy as Electric Truck Sales Stumble

The filing caps a struggle by the maker of electric and hydrogen-powered semi-trucks to get a handle on dwindling cash, slow sales and a collapsing stock price.

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