Scania Committed to Buying Northvolt's Battery Pack Business Despite Bankruptcy
Truckmaker Scania still intends to buy Northvolt's battery pack business despite the Swedish battery maker having declared bankruptcy on Wednesday, a Scania spokesperson told Reuters on Wednesday. Northvolt,
What does Northvolt’s bankruptcy in Sweden mean for its $7B EV battery plant in Quebec?
It’s unclear whether the plans for the massive electric vehicle battery plant on Montreal's South Shore will go ahead. The Quebec government has invested $270 million into the project so far.
Battery manufacturer Northvolt nears the end as it files for bankruptcy in Sweden
Northvolt has experienced a series of compounding challenges in recent months that eroded its financial position, including rising capital costs, geopolitical instability, subsequent supply chain disruptions,
Scania still main suitor for bankrupt Northvolt's battery pack unit
Scania offered $6 million for the unit in February ... since 2019 and are used on drilling rigs and in construction to power machinery such as forklifts. With its main operations in Gdansk ...
Europe’s great battery hope Northvolt files for bankruptcy in Sweden
Swedish battery-maker Northvolt filed for bankruptcy in Sweden on Wednesday, marking the final unraveling of a company once seen as Europe’s standard bearer for the sector. Facing a cash crunch in November,
Battery maker Northvolt files for bankruptcy in Sweden
STOCKHOLM - Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to European efforts to challenge Asia's dominance in the key sector.Founded in 2016, Northvolt has struggled under a mountain of debt,
Europe's would-be battery champion Northvolt files for bankruptcy
By Marie Mannes STOCKHOLM (Reuters) -Battery cell maker Northvolt has filed for bankruptcy in Sweden, the company said on Wednesday, marking one of the country's largest corporate failures and effectively ending Europe's best hope of developing a rival to challenge China.
Northvolt Files for Bankruptcy, Marking Setback for European Battery Industry
Northvolt, once hailed as Europe's battery manufacturing champion, has filed for bankruptcy in Sweden after failing to secure the financial support necessary to continue operations. The company cited multiple factors for its collapse in its Wednesday (March 12) release,
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Scania expands its electric bus platform with new electric drive
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 ...
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Scania launches new electric powertrain and charging options for electric buses
Scania introduces a new e-powertrain for its electric buses, featuring four power options, an integrated two/four-speed ...
Will This Tech Be a Stepping Stone to All-Electric Semitrucks?
But EREV tech could be a crucial stepping stone for a very different category of truck as well. Truck maker Scania, part of the VW Group, has teamed up with DHL Group to develop a semi truck with a ...
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Scania secures additional battery cell supplies amid Northvolt difficuties
Swedish truck manufacturer Scania has secured an additional supply of battery cells to complement its existing deal with ...
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Scania Showcases Next Generation 13L Engine at World of Concrete
Offering power density, a significantly increased life span and major CO2-emission improvement, Scania’s next generation inline engine platform sets a new standard for fuel efficiency in power ...
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Denet Towing Repower Saves 20% in Fuel
“We are producing more power and burning less fuel. We were burning 23 gallons an hour with the V12 and with Scania power we’re burning 18 gallons an hour. We’re saving 120 gallons in a 24 ...
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Scania enhances e-bus offering with new e-machine, battery and charging options
SÖDERTÄLJE, Sweden, March 11, 2025 /PRNewswire/ -- Scania's new e-machine is fully adapted to the company's complete battery-electric bus platform. Four power options are now available ...
Transport Engineer12d
Brain power
Scania expert engineer Gunnar Ledfelt is the brains behind some game-changing technology inventions at the Swedish truck and ...