Volvo Cars will not pay Northvolt any money for its 50% stake in their Novo Energy battery venture, which it had agreed to acquire, the automaker's quarterly report said on Thursday.

Sweden's Volvo Cars, owned by China's Geely Group, said Thursday that annual profits rose in 2024 despite a final quarter ...

Fleets and truck manufacturers have been looking towards self-driving vehicle technologies to reduce costs amid a driver ...

With just 11,934 miles on the clock, this Tørslanda edition is still wearing its plastic seat covers from the factory ...

Manufacturers from Asia, Europe and elsewhere have poured billions into North American supply chains that could be hit by new ...

Volvo's Mexico factory aims for North American and Latin American markets Trump's tariff threats affect automotive sector investments in Mexico Volvo delays Swedish battery production, refines ...

Northvolt, a Swedish battery maker under bankruptcy protection, is selling its stake in Novo Energy to Volvo Cars, ceasing ...

Volvo Cars and Northvolt, which is under bankruptcy protection, formed the joint venture in 2021 to build a battery factory ...

But it’s not just Tesla drivers who can use this feature, as more and more legacy automakers are integrating it into their ...

Volvo Cars has acquired Northvolt's stake in their joint battery venture, NOVO Energy, following Northvolt's bankruptcy ...

LAS VEGAS (Reuters) - Sweden's Volvo Group is proceeding with its planned $700-million heavy-truck factory in Monterrey, Mexico, CEO Martin Lundstedt told Reuters on Wednesday, even as President ...