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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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Cummins: strong fourth quarter and full year 2024 results

“In the fourth quarter, we recorded charges related to the reorganization of our Accelera by Cummins segment. The charges were the result of a strategic review to streamline operations and focus investments, as the adoption of certain zero-emissions solutions has slowed in some regions around the wo...
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