Volvo Cars and Northvolt have signed a share purchase agreement for Northvolt's shares in the jointly operated battery cell joint venture Novo Energy, which ...

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 ...

Volvo took over 50% of Novo joint venture Purchase price is rounded to 0 Swedish crowns Deal is part of larger negotiations, Volvo says Plans for Novo battery factory uncertain Feb 6 (Reuters ...

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 ...

Volvo Cars and Northvolt, which is under bankruptcy protection, formed the joint venture in 2021 to build a battery factory in Gothenburg on Sweden's west coast. The carmaker said in October it would ...

STOCKHOLM (Reuters) -Swedish electric-vehicle battery maker Northvolt agreed with Volvo Cars on Wednesday to sell its stake in their joint battery venture Novo Energy for an undisclosed sum and ...

Volvo Cars announced on Wednesday that they have reached an agreement to buy out their partner, Northvolt, from their joint battery venture, NOVO Energy. The price of this deal remains undisclosed.