Credit: Scania. Scania, the truck manufacturing subsidiary of Volkswagen, has agreed to acquire Industrial Division of Northvolt Systems to strengthen its off-road electrification capabilities.

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 ...

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 ...

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 ...

STOCKHOLM, March 21 (Reuters) - Northvolt's bankruptcy trustee said on Friday it had made "significant" progress in negotiating the continuation of operation of the electric vehicle battery maker ...

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 ...

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 presented in February ...

The Northvolt Ett factory in Skellefteå photographed in November 2024. Photo: Judit Nilsson/SVD/TT "The whole lot of them have chosen to go," an official at the registration office told the ...

COPENHAGEN (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 guarantees ...

The company explained that the delay in submission was due to a late response to loss data related to the bankruptcy of its major customer, European battery manufacturer Northvolt. The Korea ...

Northvolt declared bankruptcy in Sweden on March 12. Its North American subsidiary remains active, but its future now rests in the hands of the trustee appointed by a Swedish court to oversee the ...

Northvolt equipment with a purchase value of around SEK 3 billion is now being auctioned off to help pay off the bankrupt batterymaker's debts. The auction will be one of the largest of its kind ...