Sweden's Northvolt has agreed to divest its Systems Industrial division, a key developer and manufacturer of battery systems ...

Northvolt has agreed to sell its industrial battery unit to Swedish truckmaker Scania, as Europe’s troubled battery maker ...

Northvolt has sold its Systems Industrial division to an unnamed buyer as it continues to streamline its operations ...

Before its Chapter 11 bankruptcy filing Northvolt was recognised as Europe's primary competitor to challenge Asian companies ...

Northvolt said the sale of the unit, which employs around 300 people, is subject to regulatory clearances and the execution ...

Northvolt has agreed to sell its business unit that produces electric battery packs for heavy industry, one of its few ...

The sale of Northvolt Systems Industrial follows similar divestments to companies such as Norsk Hydro and Volvo Cars, as Northvolt aims to reduce costs and focus on its battery plant in northern ...

Scania agreed to buy Northvolt’s heavy industry business as the battery maker continues to work through a restructuring ...