Northvolt raises $2.75 billion to expand Swedish gigafactory
June 09, 2021The Swedish battery manufacturer says it has signed a USD 2.75 billion private placement to finance further battery cell production capacity and R&D efforts. The company is looking to expand its Swedish gigafactory, Northvolt Ett, from 40 to 60 GWh of annual capacity.
Traton to invest €1.6 billion in e-mobility R&D by 2025
March 22, 2021The Traton Group is preparing for the transition to electric drives. The commercial vehicle manufacturer has now decided to invest a total of EUR 1.6 billion in research and development for e-mobility by 2025.
A new Swedish battery assembly plant in the works
November 18, 2020With the rapid expansion of Scania’s electrified range of trucks, buses and engines, the company plans to, over several years, invest well over SEK 1 billion (EUR 98 million) in a battery assembly plant in Södertälje, Sweden.
Scania to research better batteries
October 06, 2020Optimising batteries is becoming more important than ever as the automotive industry shifts towards electrification. In an early research project, Scania and its partner universities are studying the prospects for managing each and every cell in battery packs.
Northvolt raises $600M to invest in capacity expansion, R&D and recycling
September 29, 2020The Swedish battery manufacturer says that it has raised USD 600 million private placement, led by Baillie Gifford, Goldman Sachs Merchant Banking Division and Volkswagen AG, which will allow for further investment.
Scania signs battery supply deal with Northvolt
May 14, 2019Truck maker Scania has reportedly signed a supply agreement with Swedish battery manufacturer Northvolt; and are also discussing a possible equity investment in the battery tech company.
H&D Wireless with new updates to Scania's 'Smart Factory Lab'
October 03, 2018H&D Wireless extends its partnership with Scania through an additional installation of the GEPS indoor positioning system for Scania's Smart Factory Lab concept in Södertälje, Sweden.
Scania & Haylion partners on autonomous and electrified vehicles
February 02, 2018Scania will collaborate with Haylion Technologies, which focuses on solutions for the Chinese transport industry in the areas of autonomous driving, electrification and connectivity.
Scania invests EUR 10M in Northvolt's research efforts
January 25, 2018Scania and Northvolt plan to develop and commercialise battery cell technology for heavy commercial vehicles.
Kongsberg Automotive opens Koluszki, Poland plant
October 26, 2016The new manufacturing plant in Koluszki will produce components for customers producing vehicles such as Scania, Volvo and DAF.
Leoni gets first order from Scania
September 26, 2014Leoni won the first order from Scania. The Swedish truck manufacturer awarded Leoni to supply engine harnesses for several engine models.
Midsummer powers buses with solar cellsLoad more news
October 17, 2013In a move to reduce energy consumption and make public transport ‘greener’, the Polish city of Lublin has installed flexible thin film solar cells from Midsummer on the roofs of its municipal buses.