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Kongsberg Maritime to acquire Berg Propulsion 

Kongsberg Maritime ASA announced an agreement to acquire the Swedish company Berg Propulsion AB. The company is a leading designer and manufacturer of integrated propulsion and electrical systems for the marine market (image: courtesy of Berg Propulsion)

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Scania to acquire Northvolt’s industrial battery pack division

Swedish EV battery maker Northvolt has sold its industrial battery pack division to long-term partner Scania. Indeed, Scania has been cooperating with Northvolt for quite a long time, with Scania people recently helping out Northvolt by spending time at the Swedish production plant.
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Quest One initiates program to strengthen competitiveness and reduce costs

The management of Quest One has initiated a program to strengthen the company’s competitiveness, which focuses on significant cost reductions. The company is reacting to an overall tense economic situation and a ramp-up of the German and international hydrogen economy that has lagged behind expectat...
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