Scania said on Monday it had secured a new supply of battery cells in addition to its deal with Northvolt, as the Swedish truckmaker warned it will miss its 2025 targets to cut emissions due in part ...

By Marie Mannes and Alessandro Parodi STOCKHOLM (Reuters) -Truckmaker Scania is willing to go ahead with purchasing the only profitable business of bankrupt battery maker Northvolt for $6 million, it ...

Scania's offer for the Northvolt Industrial, which were part of the battery maker's unit called Northvolt Systems was for $6 million in cash. It would also take over all debt and liabilities ...

Europe's battery tech sector faces a new choice: collaborate with China's industry giants or focus on the next frontier.

Volkswagen AG’s truckmaker Scania continues to receive cells from Northvolt AB as the Swedish battery maker fights for survival under an ongoing bankruptcy process. “We currently, since quite ...

Scania plans to acquire the profitable arm of bankrupt Northvolt for $6 million. Despite an alternative higher bid, Northvolt opted for Scania's offer due to urgent cash needs. The acquisition ...

Scania offered $6 million for the unit in February Northvolt bankruptcy meant deal was halted An unnamed consortium earlier made higher bid Bankruptcy trustee responsible for deciding on any asset ...

STOCKHOLM (Reuters) -Scania said on Monday it had secured a new supply of battery cells in addition to its deal with Northvolt, as the Swedish truckmaker warned it will miss its 2025 targets to ...

Scania said on Monday it had secured a new supply of battery cells in addition to its deal with Northvolt, as the Swedish truck maker warned it will miss its 2025 targets to cut emissions due in ...

STOCKHOLM (Reuters) -Truckmaker Scania is willing to go ahead with purchasing the only profitable business of bankrupt battery maker Northvolt for $6 million, it said on Wednesday. Northvolt filed ...