Volvo 'will pay Northvolt almost nothing,' not 'will not pay Northvolt,' in the headline and paragraph 1, and to say ...

partly due to a 1.7 billion writedown of a joint venture with struggling battery maker Northvolt. Volvo Cars has taken over the entirety of what was a joint venture to build a giant battery ...

Last week, Volvo Cars agreed with Northvolt to take over its stake in the venture, which included a planned Gothenburg battery cell factory without disclosing the amount involved. Northvolt ...

The automaker last week agreed with Northvolt to take over its stake in the venture, which included a planned Gothenburg ...

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.

(Reuters) -Volvo Cars will pay Northvolt almost nothing for its 50% stake in their Novo Energy battery venture, which it had agreed to acquire, the automaker's quarterly report said on Thursday. The ...