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ABB to expand DC portfolio by acquiring French company Advantics

The acquisition of Advantics adds a high-efficiency Silicon Carbide power conversion technology to ABB’s broader DC portfolio, strengthening the building blocks needed to design, protect, convert, distribute and manage power in new electrical architectures with higher power density, resilience and e...

Highlights

From the new electric generation (with range up to 700 km) to the re-engineered D13 engines. Volvo Trucks have multiple aces up the sleeve

At the Volvo Trucks Experience Center in Gothenburg, we got a closer look at the major innovations Volvo is introducing in anticipation of its centennial next year. From the updated D13 diesel and natural gas engines to the new generation of electric trucks, now available with a “monster” range of u...

Components

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...

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...
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