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

The Novo battery factory was announced in 2021 and meant to start production in 2026, but Volvo has said a new investor would be needed for that to happen.

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

Volvo Cars will not pay Northvolt any money for its 50% stake in their Novo Energy battery venture, which it had agreed to ...

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

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

European markets were stronger Thursday as investors assessed a rate cut from the Bank of England and a flurry of earnings.

Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and batteries for the ...

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

Swedish EV battery maker Northvolt has reached an agreement with Volvo Cars to sell its stake in their Swedish battery-making ...

Volvo Cars and Northvolt AB have signed a share purchase agreement relating to Northvolt’s shares in NOVO Energy AB, leading to Volvo Cars taking full ownership of NOVO Energy AB, subject to approval ...

Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars on Wednesday to sell its stake in their joint battery ...