Scania buys battery system division from Northvolt

: Battery materials, Metals
25/04/11

Scania, the commercial vehicle arm of Germany's Volkswagen, acquired the Industrial Division of Northvolt Systems to advance the development of fully electrified solutions for off-road applications.

The transaction includes production capabilities, a research and development center, and a team of approximately 260 employees.

The Industrial Division develops battery systems for heavy industry and off-highway sectors, including material handling, construction, and mining. It will be a partner to Scania Power Solutions, enhancing its diversified product portfolio.

The financial details of the deal were not disclosed.

Northvolt filed for [Chapter 11 in the US]( https://metals.argusmedia.com/newsandanalysis/article/2631702) in November 2024, and Chapter 7 bankruptcy in Sweden in March this year.

After the acquisition is finalized, Northvolt Systems Industrial will continue its operations as usual.

By Carol Luk

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