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EV battery maker Northvolt files for bankruptcy in Sweden

"Like many companies in the battery sector, Northvolt has experienced a series of compounding challenges in recent months that eroded its financial position, including rising capital costs, geopolitical instability, subsequent supply chain disruptions, and shifts in market demand", stated the Swedi...

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Scania to acquire Northvolt’s industrial battery pack division

On February 18th, Northvolt actually released an official statement in which the battery maker did not mention Scania as the counterpart of the agreement. Later on, the deal has been confirmed by the Swedish truckmaker to Reuters. It marks another step in Northvolt’s restructuring efforts as it seek...

ZF finds partner to bring electric trailers to North America

The collaboration will see ZF’s AxTrax 2 e-axle integrated into Range’s eTrailer System to address critical fleet demands, such as greater efficiency, emissions reductions, and range extension. The e-trailer system developed by Range includes a modular battery pack, the ZF AxTrax 2 e-axle, and a sma...
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