Volvo Cars says it will pay Northvolt almost nothing for battery joint venture stake
Volvo Cars will pay Northvolt almost nothing for its 50% stake in their battery venture Novo Energy that it had agreed to ...
norran1d
Battery drain - Northvolt's billions vanish in write-downs
In just over a month, battery manufacturer Northvolt has made huge losses, according to Sveriges Radio Ekot. – Almost ...
Industrials Advance on Deal Activity - Industrials Roundup
Herc Holdings agreed to buy rival industrial-equipment rental firm H&E Equipment Services in a cash and stock deal, outbidding rival United Rentals' proposal. Manufacturers will have to respond to ...
electrive6d
Canadian fund writes down Northvolt investment
Investment Management Corporation of Ontario has written down its $400 million investment in Northvolt. It is the latest ...
Ontario Fund Writes Down $400 Million Investment in Northvolt
Investment Management Corp. of Ontario has written down its $400 million investment in Northvolt AB, the electric vehicle ...
Transport Topics8d
Northvolt’s Bankruptcy Deals $531M Blow to Swedish Investors
Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB.
Swedish AP Funds Write Off Entire $531 Million Northvolt Bet
Sweden’s state-owned pension fund AP2 has written down its entire stake in bankrupt battery maker Northvolt AB, according to ...
Fully loaded ATN2h
Northvolt secures buyer for Systems Industrial division
Northvolt has sold its Systems Industrial division to an unnamed buyer as it continues to streamline its operations ...