Volvo, the Swedish automaker owned by China’s Zhejiang Geely Holding Group, has announced plans to shift the production of ...

(Corrects Feb. 6 story to say in headline and lead that Volvo "will pay Northvolt almost nothing" (not "will not pay ...

Volvo Cars faces challenges in 2025, including tariffs, slowing EV adoption, and rising competition from Chinese automakers.

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

Volvo Cars will not pay Northvolt any money for its 50% stake in their battery venture Novo Energy that it had agreed to ...

We’re preparing ourselves to see whether we need to start looking at production relocation or or even supplier relocation,” ...

Tesla China is offering insurance subsidies of 8,000 yuan ($1,103.34) for all Model 3 buyers, the automaker announced on its ...

Self-driving technology company Waabi said on Tuesday it has partnered with truckmaker Volvo's driverless systems unit to ...

⚡ VEIR, a Woburn, MA-based superconductors electricity transmission manufacturer, raised $75m in Series B funding from Munich ...

Cerruti will retain his role as chairman of the board of the Canadian entity, the statement said, adding that "Paolo will continue to support the growth and success of Northvolt North America from ...

Swedish EV battery maker Northvolt has reached an agreement with Volvo Cars to sell its stake in their Swedish battery-making joint venture, Novo Energy. The two companies will also explore ...

Cerruti’s resignation as CEO will result in several other, but according to the company, temporary changes to the Northvolt North America leadership team. Karen Chang will assume the role of CEO of ...