Scania, Northvolt and Systems Industrial

Northvolt to divest heavy industry battery business to Scania
Sweden's Northvolt has agreed to divest its Systems Industrial division, a key developer and manufacturer of battery systems for heavy industry sectors. Northvolt’s Systems Industrial division will be acquired by truckmaker Scania,
Scania Agrees to Buy Northvolt’s Heavy Industry Battery Business
Scania agreed to buy Northvolt’s heavy industry business as the battery maker continues to work through a restructuring process.
Scania acquires Northvolt’s industrial battery business
Swedish truck manufacturer Scania is set to acquire Northvolt’s Systems Industrial division, a battery system developer for heavy industry, as part of Northvolt’s strategic shift towards large-scale cell manufacturing, Reuters reported.
Northvolt sells heavy industry battery business to truckmaker Scania
Sweden's Northvolt has agreed to sell a business that makes electric battery packs for heavy industry, one of its few profitable units, to its customer and partner Scania, the two companies said on Tuesday,
Northvolt sells heavy industry battery-pack business to Scania
According to Reuters, Northvolt has sold its industrial battery pack division to long-time customer and partner Scania.
Northvolt to sell industrial battery unit to Scania
Northvolt has agreed to sell its industrial battery unit to Swedish truckmaker Scania, as Europe’s troubled battery maker steps up restructuring to shore up its finances. The Swedish battery start-up said on Tuesday that it would sell its industrial battery business,
The Local2d
Sweden's Northvolt asks for extension of bankruptcy protection process
Sweden's troubled battery maker Northvolt has asked for an extension in its Chapter 11 process in the United States.
RTE Online2d
Northvolt asks for extension of Chapter 11 process
Sweden's Northvolt said today it had asked for an extension in its bankruptcy protection process in the US, as the ...
electrive1d
Northvolt sells module production to Scania
Northvolt has signed a letter of intent with an unnamed industrial group to acquire the Northvolt Systems Industrial division, which develops and produces ...
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 ...
Transport Topics10d
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.
Pensions&Investments10d
Sweden’s pension fund AP2 writes down Northvolt stake to zero
Sweden’s state-owned pension fund AP2, Gothenburg, has written down its entire stake in bankrupt battery maker Northvolt, ...
Fully loaded ATN2d
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 ...