Northvolt raises $5 billion to expand its battery network
January 16, 2024
Swedish battery manufacturer Northvolt has just signed the largest green loan raised in Europe to date, which will facilitate the expansion of Europe's first homegrown gigafactory, Northvolt Ett, and also the realisation of Northvolt's plans for battery recycling.
Northvolt and Scania develops battery for heavy trucks
April 20, 2023
Northvolt and Scania have unveiled a jointly developed battery cell for heavy electric vehicles. A lithium-ion cell that is touted as having a lifetime to match the truck's
Sono Motors scraps the Sion program
February 27, 2023
Sono Motors says that the company has decided to pivot its business model to exclusively provide its solar technology to third-party vehicles, and to terminate its Sion passenger car program.
Northvolt raises $1.1 billion for its factory rollout plans
July 05, 2022
Northvolt today announced the signing of a $1.1 billion convertible note to finance its expansion of battery cell and cathode material production in Europe to support the rapidly expanding demand for batteries.
Scania to accelerate electrification with Keysight
June 29, 2022
Swedish manufacturer of heavy transport vehicles, Scania, establishes a battery laboratory with Keysight’s Scienlab battery test solutions.
Einride orders 110 electric trucks from Scania
May 23, 2022
The 110 trucks marks the largest order of heavy duty electric trucks to date for Scania, kicking off a collaborative product development partnership with Einride.
ABB to automate Scania’s new battery assembly plant
March 01, 2022
ABB will outfit Scania’s new battery assembly plant in Sweden with a range of robotic solutions – creating a highly automated plant.
Northvolt assembles first battery cell at Swedish gigafactory
December 29, 2021
Swedish battery manufacturer, Northvolt, has officially assembled its first battery cell at its manufacturing facility in Skellefteå, northern Sweden.
Northvolt raises $2.75 billion to expand Swedish gigafactory
June 09, 2021
The 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, 2021
The 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, 2020
With 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, 2020
Optimising 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, 2020
The 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, 2019
Truck 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, 2018
H&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, 2018
Scania 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, 2018
Scania and Northvolt plan to develop and commercialise battery cell technology for heavy commercial vehicles.
Kongsberg Automotive opens Koluszki, Poland plant
October 26, 2016
The 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, 2014
Leoni 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 cells
October 17, 2013
In 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.
Stoneridge may lay off 50 in Sweden
November 26, 2008
Stoneridge electronics has notified 50 of its employees of its facility in Örebro, Sweden about possible lay offs.
PKC growing in Estonia
April 30, 2008
Finland based EMS provider PKC is growing in Estonia despite the wage pressure in the country. PKC Eesti has during 2007 increased it turnover, profit and number of employees.
Steady growth for PKC
February 03, 2008
PKC Group Plc. is growing steady on the European market for contract manufacturing. The company’s growth rate of 10-20% a year is planned to be continued even this year but this development is likely to exceed the expectations.
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