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Volvo Cars says it will pay Northvolt almost nothing for battery joint venture stakeThe Novo battery factory, announced in 2021, was meant to start production in 2026 but Volvo has said a new investor would be needed for that to happen, and that it was exploring other options for ...
Swedish automotive company Volvo Cars Corp. notified Northvolt AB, a partner in the NOVO Energy joint venture, of its intention to use the pre-emptive share repurchase right to acquire full control ...
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Volvo demands $1.2 billion in state aidcommunications director at the joint venture Novo Energy, to Swedish Dagens Nyheter. According to Dagens Nyheter, Volvo's new factory is already lacking 70 percent of the electricity necessary to ...
Volvo is native to the country and well-versed in making vehicles that can handle hostile conditions. The 2026 Volvo EX30 Cross Country is the latest to get the brand's all-terrain-ready Cross ...
STOCKHOLM (Reuters) - Volvo Cars has signed an agreement to buy struggling Swedish battery maker Northvolt's stake in their joint battery venture NOVO Energy, the Sweden-based automaker said on ...
Following a reserved 2025 model year that saw no changes, Volvo's set of XC60 compact luxury SUVs gets a facelift. Changes are identical between the gas-powered and plug-in-hybrid models ...
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