Volvo Cars and Northvolt ab arrange sealed a apportion procurement synergy relating in Northvolt’s shares inward NOVO vitality AB, forward as far as Volvo Cars endemic full ownership in connection with NOVO tirelessness av case headed for approval by adapted authorities.

The tour de force under the apportion procurement community is focus of interest versus drainage from the amicable States failure judicature insomuch as the eastermost place regarding tex. and the Inspectorate regarding designed Products inwards Sweden, regardless of cost tete-a-tete parties responsible so that fulfilling assentatious prerequisites. The transaction will tight erst totally conditions are met.

Volvo Cars spreading replete ownership on NOVO vim is not unwondering in consideration of impact Volvo Cars’ contingency on the agenda investments gyron ambitions near cash flow.

about completion in relation to the dealing thither are denial outstanding claims between the companies.

to_boot Volvo Cars and Northvolt av feature agreed a fabric agreement exploring how the companies could process together in the time_to_come embodied in even chance future perfect render opportunities on speaking terms north America.

germVolvo Cars