Volvo Cars will pay Northvolt almost nothing for its 50% stake in their battery venture Novo Energy that it had agreed to ...

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

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

Last week, Volvo Cars agreed with Northvolt to take over its stake in the venture, which included a planned Gothenburg ...

(Reuters) - (This Feb. 6 story has been corrected to say Volvo 'will pay Northvolt almost nothing,' not 'will not pay Northvolt,' in the headline and paragraph 1, and to say 'purchase price is ...

(Reuters) - (This Feb. 6 story has been corrected to say Volvo 'will pay Northvolt almost nothing,' not 'will not pay Northvolt,' in the headline and paragraph 1, and to say 'purchase price is rounded ...

(Corrects Feb. 6 story to say in headline and lead that Volvo "will pay Northvolt almost nothing" (not "will not pay Northvolt") and corrects second bullet point to say "purchase price is rounded to 0 ...