Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Volvo assumes full ownership of NOVO Energy joint venture due to Northvolt's financial issues.

flag Volvo is taking full ownership of its NOVO Energy battery joint venture with Northvolt AB due to Northvolt's failure to meet financial obligations. flag Initially planned for a factory in Sweden, the project's future is uncertain as Northvolt shifts focus to other sites. flag Volvo has invested 3 billion kronor ($285 million) and is assessing the impact on NOVO Energy while ensuring its broader battery supply chain remains unaffected.

10 Articles