Focus on Scania
Scania tries to breathe life into troubled EV battery maker Northvolt
Four Northvolt workers told Reuters they had seen Scania employees inside the factory in recent months.
Northvolt asks shareholders for $1.3 billion for next two years, sources say
By Marie Mannes, Christina Amann and Emma-Victoria Farr STOCKHOLM/BERLIN/FRANKFURT (Reuters) -Northvolt asked more than 100 shareholders at a meeting this month to provide...
Northvolt owners vote to stay operating while seeking financial rescue
Northvolt shareholders back restructuring as Swedish battery maker seeks $1B funding to overcome financial struggles.
Sweden’s Northvolt files for bankruptcy, in blow to Europe’s EV ambitions
Northvolt files for U.S. Chapter 11 bankruptcy, seeking to restructure $5.8B debt while securing $245M to sustain European battery hopes.
Scania says it will lend Northvolt $100 million under US Chapter 11 bankruptcy deal
Swedish truckmaker Scania will lend Northvolt $100 million as part of the struggling battery maker's U.S. Chapter 11 bankruptcy protection deal.
Crisis-hit EV battery champion Northvolt struggles to hit production targets
Northvolt, a key player in Europe’s EV battery market, struggles with production, curtails output, and faces financial woes.
Northvolt: Cash-strapped EV-battery maker in talks for 200 million euros in funding
Northvolt announced job cuts, raising fears that Europe's top EV battery hope may falter amid low demand and Chinese competition.
Volkswagen’s electric truck unit Traton plans to increase profitability by 2029
Volkswagen's Traton aims to boost electric truck sales, grow revenue by 20-40 per cent, and repay debt over the next five years.
Truckmakers ready to go electric, but what about charging?
Major truck manufacturers say they are ready to go electric, but call for massive investments in charging infrastructure.
Scania CEO says committed to Northvolt despite cutbacks, delivery issues
Scania says it is committed to using Northvolt as the truckmaker's single battery supplier despite recent production and delivery problems.
