Last week, Volvo Cars agreed with Northvolt to take over its stake in the venture, which included a planned Gothenburg ...

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

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

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

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

Obesity drug maker Novo Nordisk forecast slower growth this year after Wegovy sales more than doubled in the fourth quarter, ...

Volvo Cars and Northvolt, which is under bankruptcy protection, formed the joint venture in 2021 to build a battery factory ...

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 ...

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