"Northvolt to divest stake in battery venture to Volvo" was originally created and published by Just Auto, a GlobalData owned ...

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

Northvolt intends to focus on its primary battery ... is not anticipated to affect its other planned investments or cash flow goals. The completion of the deal will settle any outstanding claims ...

Northvolt, currently under US bankruptcy protection ... is not anticipated to affect its other planned investments or cash flow goals. The completion of the deal will settle any outstanding ...

French oil major TotalEnergies expects to take a final investment decision (FID) on its Namibian offshore oil discovery in ...

In November 2022 BlackRock, the largest investment fund on the planet, purchased SolarZero for $110m. BlackRock invested some ...

This move comes as Northvolt faces significant financial challenges, including a recent Chapter 11 bankruptcy filing and the need for urgent cash flow. Northvolt sells its last shares of Hydrovolt to ...

Volvo Cars and Northvolt AB have signed a share purchase agreement relating to Northvolt’s shares in NOVO Energy AB, leading to Volvo Cars taking full ownership of NOVO Energy AB, subject to approval ...

(Reuters) - Volvo Cars will not pay Northvolt any money for its 50% stake in their battery venture Novo Energy that it had ...

In contrast, at the time of filing, Northvolt AB only had approximately $30m (€29.10m) in cash, which was expected to last a week. The company manufactures lithium-ion, sodium-ion and lithium ...

The request for funding to last until 2027 comes as Northvolt intensifies a search for investment before its cash reserve runs out in February. In response to Reuters' questions, Northvolt said ...