(RTTNews) - NOVO Energy, the battery unit of Swedish luxury car maker Volvo Car AB (VLVOF, VOLCAR-B.ST), announced Monday around 50 percent reduction in its workforce, as part of its actions to ...

STOCKHOLM (Reuters) - Volvo Cars' battery company Novo Energy said on Monday it will cut its workforce by 50% to reduce costs after evaluating its business to take account of ...

Volvo Cars' battery company Novo Energy said on Monday it will cut its workforce by 50% to reduce costs after evaluating its business to take account of the bankruptcy of Sweden's Northvolt, which ...

Founded in 2022, Novo Energy established an R&D center in Gothenburg, Sweden to enhance battery technology and vehicle integration. Novo commenced work on its first gigafactory in 2023.

As a dense but brief European earnings season draws to a close, a handful of big hitters spanning energy, commodities, pharmaceuticals and food delivery remain.

Earthstone Energy Inc. ESTE said Thursday it agreed to acquire Novo Oil & Gas Holdings LLC, a Delaware basin exploration and production backed by EnCap Investments L.P. At the same time, Northern ...

European Energy expects to deliver the first batch of e-methanol in 2024. The green methanol is expected to replace some fossil-based plastic with lower-carbon alternatives in the future, Lego said.