Battery factories are popping up across North America. Here's where they are and how the Inflation Reduction Act influenced ...

Volvo 'will pay Northvolt almost nothing,' not 'will not pay Northvolt,' in the headline and paragraph 1, and to say ...

The Novo battery factory was announced in 2021 and meant to start production in 2026, but Volvo has said a new investor would be needed for that to happen.

Northvolt intends to pay employee bonuses to prevent staff attrition, while simultaneously refusing to compensate contracted ...

Last week, Volvo Cars agreed with Northvolt to take over its stake in the venture, which included a planned Gothenburg ...

Porsche SE , the holding firm of Porsche AG , said on Thursday it expects impairments on its stake in the carmaker to nearly ...

Volvo Cars faces challenges in 2025, including tariffs, slowing EV adoption, and rising competition from Chinese automakers.

We’re preparing ourselves to see whether we need to start looking at production relocation or or even supplier relocation,” Volvo Cars CEO Jim Rowan told CNBC.

The new bonus scheme is expected to cost the company 6 million dollars. It's not as generous as the previous programme, which ...

Direct flights from London to Swedish ski resort reopen after three years, Northvolt launches new bonus scheme for 1,800 ...