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Swedish startup Enerpoly AB has recruited two former Northvolt executives as it seeks to transform the mundane alkaline battery into an affordable option for the energy-storage industry.

Volvo Cars will postpone U.S. shipments of its best-selling electric car model as it shifts production from China in the wake of tariff hikes.

Volvo Group shareholders are in line for a big payout, with the truck maker planning to pass along all of the proceeds from the sale of a Japanese business earlier this year.

Swedish electric-truck startup Einride AB has raised $110 million from investors, including the venture capital arm of the world’s largest shipping company, A.P. Moller-Maersk A/S, to expand its logistics business in Europe and in the U.S.

Volvo Group said it may see further disruption from the semiconductor shortage that has forced the truck maker to idle plants, potentially hobbling a recovery that has seen orders more than double.

Volvo Group declined after the truck maker said it will have to suspend production across its operations because of the shortage of semiconductors that has disrupted the car industry for months.

Volvo Car AB is counting on tripling sales of plug-in hybrid models this year as a way to avoid paying what could amount to hundreds of millions of euros in European penalties for the sale of its more polluting yet popular combustion-engine SUVs.

Volvo Group is preparing for more output cuts after forecasting a slump in truck deliveries next year in North America and Europe on weaker demand.

Volvo Group’s second-quarter earnings beat analyst expectations, as truck deliveries rose and the company increased its market forecasts for North America and Europe this year.

Volvo, the world’s second-largest truckmaker, has uncovered a faulty component in the emissions-control setup of vehicles widely sold in Europe and the U.S., the manufacturer’s biggest markets.