Volvo pauses Novo battery project as partner search drags on

Sweden’s Volvo Cars has halted operations at its battery startup Novo Energy, which had already been sharply scaled back, as its search for a partner drags on, Novo Energy said on Tuesday.

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Jan 13, 2026 - 12:01
Volvo pauses Novo battery project as partner search drags on
Sweden’s Volvo Cars has halted operations at its battery startup Novo Energy, which had already been sharply scaled back, as its search for a partner drags on, Novo Energy said on Tuesday.
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