Investment Management Corporation of Ontario has written down its $400 million investment in Northvolt. It is the latest ...

Stable cash flow and improvement in earnings in Denmark • Net sales were unchanged, at SEK 8,108 million (8,106) • The order backlog was SEK 14,929 million (17,000) • EBITA increased by 1 percent to S ...

Sweden's Volvo Cars, owned by China's Geely Group, said Thursday that annual profits rose in 2024 despite a final quarter ...

Volvo Cars will pay Northvolt almost nothing for its 50% stake in their battery venture Novo Energy that it had agreed to ...

Feb 6 (Reuters) - 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 ...

Battery factories are popping up across North America. Here's where they are and how the Inflation Reduction Act influenced ...

Volvo Cars faces challenges in 2025, including tariffs, slowing EV adoption, and rising competition from Chinese automakers.

We’re preparing ourselves to see whether we need to start looking at production relocation or or even supplier relocation,” ...

⚡ VEIR, a Woburn, MA-based superconductors electricity transmission manufacturer, raised $75m in Series B funding from Munich ...

Scotland have hope of mounting a Six Nations title challenge as they embark on a fresh campaign against Italy. While optimism has been punctured somewhat by a string of untimely injuries ...

This is a summary of a request from the Official Committee of Unsecured Creditors of Northvolt to hire Akin Gump Strauss Hauer & Feld as counsel, filed Jan. 13 with the U.S. Bankruptcy Court in ...

Northvolt's co-founder Paolo Cerruti will step ... played a key role in the company's Canada-based battery gigafactory, Six project - will serve as interim CEO in the transition period.