The Swedish commercial vehicle manufacturer Scania is expanding its range of electric buses with a new e-machine and a new battery option. In addition, a new ...

Scania plans to acquire the profitable arm of bankrupt Northvolt for $6 million. Despite an alternative higher bid, Northvolt opted for Scania's offer due to urgent cash needs. The acquisition ...

By Marie Mannes and Alessandro Parodi STOCKHOLM (Reuters) -Truckmaker Scania is willing to go ahead with purchasing the only ...

VW’s deal with Northvolt included millions in cash that went toward the new battery maker’s expansion and the ultimate goal ...

Two commercial vehicle manufacturers from the Traton Group—Scania and MAN—have presented their business results for 2024. Scania boasts record-breaking performance and sales growth, while MAN has had ...

Battery maker Northvolt has filed for bankruptcy in Sweden, following failed talks with investors over a potential rescue ...

Truckmaker Scania remains committed to acquiring Northvolt's battery pack business after the battery manufacturer declared ...

Truckmaker Scania still intends to buy Northvolt's battery pack business despite the Swedish battery maker having declared ...

Northvolt, the Swedish battery cell maker for electric vehicles, said on Wednesday it had filed for bankruptcy in Sweden, one ...

It is often said that true development lies at the intersection of technology and business understanding. For nearly two ...

STOCKHOLM (Reuters) - Northvolt, the Swedish maker of battery cells for electric vehicles, said on Wednesday it has filed for ...

The parent company of International is seeing orders slowing from big fleets unsure about the direction of the U.S. economy.