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

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

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

STOCKHOLM (Reuters) -Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars on Wednesday to sell its stake ...

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 Thursday.

Northvolt had ceased funding for most of its joint ventures and non-core businesses, including Novo, throughout 2024 to ...

(Reuters) - (This Feb. 6 story has been corrected to say Volvo (OTC:VLVLY) 'will pay Northvolt almost nothing,' not 'will not pay Northvolt,' in the headline and paragraph 1, and to say 'purchase ...

(Reuters) - (This Feb. 6 story has been corrected to say Volvo 'will pay Northvolt almost nothing,' not 'will not pay Northvolt,' in the headline and paragraph 1, and to say 'purchase price is rounded ...