Scania Acquires Northvolt Division to Power Off-Road EVs

Södertälje, Sweden- Sweden AB., has announced the acquisition of the Industrial Division of Northvolt Systems, encompassing production operations, a research and development center, and a team of around 260 employees. The division operates from two key sites: a leased production facility in Gdańsk, Poland, and an R&D hub in Tomteboda, Stockholm, Sweden.

The acquired division specializes in the development and manufacturing of battery systems tailored for heavy industry and off-highway applications. Its product portfolio includes advanced battery modules and systems used across sectors such as material handling, construction, and mining. Moving forward, the unit will operate as a partner to Scania’s Power Solutions business unit, supporting the company’s goal of delivering a diverse and future-ready product lineup.

Scania Power Solutions, with over a century of powertrain innovation, is known for its reliable and efficient engines across industrial, marine, and power generation sectors. This acquisition marks a significant step in expanding Scania’s electrification capabilities, particularly for off-road and heavy-duty applications.

Ms. Sara Hermansson, Head of Scania Power Solutions, “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."

The acquired business will be a partner to Scania Power Solutions and operate as a stand-alone venture within Scania Ventures and New Business, aligning with its strategy to develop complementary and transformational businesses that strengthen Scania’s long-term competitiveness.

Mr. Jonas Hernlund, Head of Energy & Infrastructure at Scania Ventures and New Business, said, “By combining Northvolt Systems Industrial Division’s battery expertise with Scania's deep industry knowledge, we are not only driving innovation but also strengthening our ability to serve our customers in their transition journeys. This acquisition demonstrates how Scania Ventures and New Business leverage our capabilities in opportunity identification, M&A, and growth-stage company management to enable our core business and enhance our position as a transformation partner for our customers — all in support of a more sustainable transport system.”

As part of the acquisition process, Scania has reached an agreement with the trustee to acquire Northvolt Systems Industrial Division. The parties have agreed not to disclose the purchase price.

Mr. Elin Åkerström, Vice President Northvolt Systems Industrial, said, “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.”