Volvo Cars will not pay Northvolt any money for its 50% stake in their Novo Energy battery venture, which it had agreed to ...

By Marie Mannes STOCKHOLM (Reuters) -Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars on Wednesday to ...

"Northvolt to divest stake in battery venture to Volvo" was originally created and published by Just Auto, a GlobalData owned ...

Volvo Cars faces challenges in 2025, including tariffs, slowing EV adoption, and rising competition from Chinese automakers.

We’re preparing ourselves to see whether we need to start looking at production relocation or or even supplier relocation,” ...

Volvo Cars and Northvolt, which is under bankruptcy protection, formed the joint venture in 2021 to build a battery factory ...

Northvolt, a Swedish battery maker under bankruptcy protection, is selling its stake in Novo Energy to Volvo Cars, ceasing ...

Volvo Cars has acquired Northvolt's stake in their joint battery venture, NOVO Energy, following Northvolt's bankruptcy ...

Volvo Cars and Northvolt, once hailed as Europe's best prospect for a domestic EV battery champion, formed Novo in 2021 to build a dedicated battery factory in Gothenburg on Sweden's west coast.

Volvo Cars fully take over battery joint venture from Northvolt after contract breach Decline to disclose price of sale Northvolt attempting to divest most of joint venture businesses to avoid ...