Over the past few years, electric vehicle (EV) manufacturing facilities producing lithium batteries and EV car parts were ...

Advance Auto Parts did not file for bankruptcy. Northvolt AB, which makes electric vehicle batteries for several carmakers, ...

Scania is investing in the electrification of freight transport through the acquisition of the industrial division of Northvolt Systems, a company that develops and produces batteries for vehicles and ...

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

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.

In more recent years, models like the Lexus IS, the Infiniti Q50, and the Volvo S60 have entered the fray, leading to heavier competition and accelerated improvements in the segment. The A4 has ...

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 ...

SÖDERTÄLJE, Sweden, April 11, 2025 /PRNewswire/ -- Scania today announces the acquisition of the Industrial Division of Northvolt Systems, including production capabilities, a research and development ...

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 ...

Volvo Energy reveals commercial PU500 battery energy storage system (BESS), with a capacity from 450 to 540 kWh, and can operate in concern with the grid or as an "island." The PU500 features a ...

The pension fund manager wrote down its $400 million investment in Northvolt, an electric vehicle battery maker that filed for bankruptcy protection last year. IMCO was founded in 2016 to ...