Sweden's Northvolt has agreed to divest its Systems Industrial division, a key developer and manufacturer of battery systems ...

Sweden's Northvolt has agreed to sell a business that makes electric battery packs for heavy industry, one of its few ...

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

Swedish truck manufacturer Scania is set to acquire Northvolt’s Systems Industrial division, a battery system developer for ...

Before its Chapter 11 bankruptcy filing Northvolt was recognised as Europe's primary competitor to challenge Asian companies ...

Northvolt has signed a letter of intent with an unnamed industrial group to acquire the Northvolt Systems Industrial division, which develops and produces ...

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 ...

STOCKHOLM—Truck maker Scania agreed to buy Northvolt’s heavy industry business, as the battery maker continues to work through a restructuring process. “This acquisition will provide access ...

Northvolt’s Systems Industrial division will be acquired by truckmaker Scania, reported Reuters. The division, established in 2018, employs around 300 individuals across facilities in Stockholm ...

While Northvolt didn't directly name Scania in its statement, the Swedish truck manufacturer confirmed to Reuters that it was the buyer. Scania said the unit would be integrated into its power ...

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