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Volvo Cars buys Northvolt's stake in EV battery venture NOVO
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Volvo Cars buys Northvolt's stake in EV battery venture NOVO
Jan 29, 2025 2:00 AM

STOCKHOLM, Jan 29 (Reuters) - Volvo Cars

has signed an agreement to buy struggling Swedish battery maker

Northvolt's stake in their joint battery venture NOVO Energy,

the Sweden-based automaker said on Wednesday, without disclosing

the price.

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