Northvolt agreed with Volvo Cars today to sell the battery maker’s stake in their joint venture Novo Energy for an undisclosed sum and explore potential collaborations in North America.
Volvo Cars and Northvolt, once hailed as Europe's best prospect for a domestic EV battery champion, formed Novo in 2021 to build a dedicated battery factory in Gothenburg on Sweden's west coast.
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 ...
STOCKHOLM (Reuters) -Northvolt agreed with Volvo Cars on Wednesday to sell the battery maker's stake in their joint venture NOVO Energy for an undisclosed sum and explore potential collaborations in ...