Scania offered $6 million for the unit in February Northvolt bankruptcy meant deal was halted An unnamed consortium earlier made higher bid Bankruptcy trustee responsible for deciding on any asset ...

Volkswagen's truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery packs for heavy industry, reviving a transaction first presented in February ...

Swedish commercial vehicle maker Scania and Swedish battery startup Northvolt today unveiled a battery cell that they claim can power a heavy electric truck for 1.5 million kilometers (932,056 miles).