Volvo Cars will not pay Northvolt any money for its 50% stake in their battery venture Novo Energy that it had agreed to acquire, according to the automaker's quarterly report on Thursday. Last week, ...

Operating profit at the company, which is majority-owned by China's Geely, was 3.9 billion Swedish crowns ($357 million) ...

Swedish battery maker Northvolt is selling its stake in Novo Energy to Volvo. Under bankruptcy protection, Northvolt seeks to ...

Volvo Cars and Northvolt have signed a share purchase agreement for Northvolt's shares in the jointly operated battery cell ...

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

Northvolt, currently under US bankruptcy protection, stopped funding most of its joint ventures, including Novo, throughout ...

STOCKHOLM (Reuters) -Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars on Wednesday to sell its stake ...

Novo Nordisk (NVO) said on Wednesday that its emissions rose by nearly a quarter in 2024 and will continue to increase up to 2030 as production increases to meet demand for its obesity blockbuster ...

Swedish EV battery maker Northvolt has reached an agreement with Volvo Cars to sell its stake in their Swedish battery-making joint venture, Novo Energy. The two companies will also explore ...

Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars (VOLCARb.ST), opens new tab on Wednesday to sell its stake in their joint battery venture Novo Energy for an undisclosed sum ...