Truckmaker Scania is willing to go ahead with purchasing the only profitable business of bankrupt battery maker Northvolt for $6 million, it said on Wednesday.

Scania and Northvolt today unveiled a battery cell that they claim can power a heavy electric truck for 1.5 million kilometers.

It sat untouched, cloaked in rust, grime, and silence—a forgotten Scania R470 semi-truck left to decay in the open. But what follows is a restoration saga that transforms this mechanical giant ...

Volkswagen's truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery packs for heavy industry, reviving a transaction first presented in February ...

Unipart already has a strong presence in Scania's supply chain in China, currently providing transportation, inland haulage, storage and pre-manufacturing value-added services.

Swedish truck maker Scania will launch a €2 billion (US$2.28 billion) Chinese production hub in October, its third global manufacturing base alongside facilities in Sweden and Brazil, according ...