Canada's National Observer6h
Urgent search underway for buyer of $7-billion Northvolt EV battery factory in Quebec
The search for a new owner for the troubled $7-billion manufacturing facility south of Montreal is underway, said the federal ...
Scania still main suitor for bankrupt Northvolt's battery pack unit
Truckmaker Scania is willing to go ahead with purchasing the only profitable business of bankrupt battery maker Northvolt for ...
Transcript: Lights out at Northvolt
Sweden’s Northvolt has filed for bankruptcy. It marks the end of Europe’s best hope for competing with car batteries from Asia. Northvolt was once considered Europe’s best funded start-up, but it’s ...
Devdiscourse1d
Scania's Strategic Move: Acquiring Northvolt's Profitable Asset Amid Bankruptcy
Scania plans to acquire the profitable arm of bankrupt Northvolt for $6 million. Despite an alternative higher bid, Northvolt opted for Scania's offer due to urgent cash needs. The acquisition ...
Scania committed to buying Northvolt's battery pack business despite bankruptcy
Truckmaker Scania still intends to buy Northvolt's battery pack business despite the Swedish battery maker having declared ...