#Sweden #Södertälje #Electrification #Scania #Northvolt

Scania’s Strategic Acquisition of Northvolt Systems Industrial Division

In a significant move to bolster its electrification capabilities, Scania has announced the acquisition of the Industrial Division of Northvolt Systems. This strategic acquisition encompasses essential production capabilities, a cutting-edge research and development center, and a dedicated team of approximately 260 skilled employees. With operations based in Gdańsk, Poland, and a research facility in Tomteboda, Stockholm, Sweden, this acquisition is set to enhance Scania's offerings in the heavy industry and off-highway market segments.

Northvolt Systems Industrial Division is renowned for its development and manufacturing of advanced battery systems tailored for demanding sectors such as material handling, construction, and mining. By integrating this division into its Power Solutions business unit, Scania aims to reinforce its diverse product portfolio and champion electrification in off-road applications.

Strengthening Power Solutions

Scania’s Power Solutions unit has been a pioneer in powertrain innovation for over a century, establishing a strong reputation for delivering reliable and efficient engines. The acquisition of Northvolt brings new opportunities for Scania, enhancing its capabilities in providing electrified solutions that meet the stringent requirements of various sectors.

Sara Hermansson, the Head of Scania Power Solutions, expressed her enthusiasm about the acquisition, stating, “Northvolt Systems Industrial Division infuses valuable expertise in battery technology and assembly. Their contributions will bolster our modular approach and pave the way for the development of complete electrified solutions for our customers in off-road applications.”

A Vision for Sustainable Transport

The collaboration between Northvolt and Scania aims not just at enhancing product offerings but also at driving innovation forward in the sector. Jonas Hernlund, Head of Energy Infrastructure at Scania Ventures and New Business, highlighted the importance of this acquisition by noting how it allows Scania to better serve its customers amid their transition towards more sustainable operations. “By merging Northvolt’s battery expertise with Scania’s deep-rooted industry knowledge, we are committed to facilitating our customers as they navigate this transformational journey,” he stated.

Northvolt’s Commitment

Since its founding in 2017, Northvolt Systems Industrial has specialized in creating advanced battery systems that withstand harsh environments prevalent in industries such as construction and mining. Their flagship solution, the Voltpack Core, exemplifies their capability to address real-world industrial challenges. Elin Åkerström, Vice President of Northvolt Systems Industrial, reflected on this transformational change, asserting, “Joining forces with Scania marks an exciting new chapter. Together, we will capitalize on our strengths in electrification and powertrain innovation to deliver unparalleled value.”

Future Outlook

Post-acquisition, Northvolt Systems Industrial will operate as a standalone entity within Scania Ventures and New Business, maintaining its operational integrity while aligning with Scania's long-term strategies. This strategic initiative ensures seamless operations and continued business under the Northvolt brand, promising a sustained commitment to excellence in battery technology and solutions.

This acquisition marks a pivotal moment for Scania as it positions itself as a leader in the transition to electrified transport systems. As the transportation industry continues to evolve fundamentally, Scania's investments in innovation and sustainability will pave the way for more efficient and eco-friendly solutions in the near future.

For further inquiries, Veronica Nilsson, Public Relation Manager, can be reached at +46 72 084 98 43 or via email at [email protected].