We anticipated the news not long ago. Now, it’s official. Scania announced the acquisition of the Industrial Division of Northvolt Systems, including production capabilities, a research and development center, and a team of approximately 260 employees. Northvolt Systems Industrial Division develops and manufactures battery systems for heavy industry and off-highway market segments, offering a portfolio of battery modules and systems used in material handling, construction equipment, and mining. The acquired company will be a partner to Scania’s business unit Power Solutions, and operate as a stand-alone venture within Scania Ventures and New Business.

Northvolt Systems Industrial Division to be part of Scania

Of course, Northvolt Systems was involved in the bankruptcy declared by Northvolt not long ago. Now, the people working for the Industrial Division of Northvolt Systems will have another opportunity under the Swedish truck and powertrain manufacturer. It’s important to remind that Scania was among the first customers of Northvolt.

“Northvolt Systems Industrial Division brings valuable expertise in battery technology and assembly. Their capabilities strengthen our modular approach and support the development of complete electrified solutions for off-road applications. I’m pleased to welcome the team to Scania,” commented Sara Hermansson, Head of Scania Power Solutions.

 “Since 2017, Northvolt Systems Industrial has developed advanced battery systems for machines operating in demanding environments such as construction, mining, and material handling. Our flagship solution, Voltpack Core, reflects our ability to meet real-world industrial challenges. Joining Scania marks the next chapter in our journey. This acquisition brings together two strong legacies in electrification and powertrain innovation. I am confident that, together, we will strengthen our capabilities and deliver even greater value to our customers,” added Elin Åkerström, Vice President Northvolt Systems Industrial.

Highlights

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