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.

Last week, Volvo Cars agreed with Northvolt to take over its stake in the venture, which included a planned Gothenburg battery cell factory without disclosing the amount involved. Northvolt ...

Volvo Cars will not pay Northvolt any money for its 50% stake in their Novo Energy battery venture, which it had agreed to acquire, the automaker's quarterly report said on Thursday. The automaker ...

Its motors will be supplied by a lithium iron phosphate (LFP) battery manufactured by CATL, while the S09 is claimed to be capable of travelling up to 180km on pure electric power. In any case, the ...

(Reuters) - Volvo (OTC:VLVLY) 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 ...

(Reuters) - 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.

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