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Northvolt, Europe
Northvolt lays off 1,600 workers, but it’s not the end for Europe’s battery champion
Europe’s attempt at building a battery manufacturing powerhouse announced that it had halted work on a factory expansion and laid off about 20% of its employees.
Europe’s battery champion slashes jobs as EV sales slow
Swedish battery company Northvolt announced Monday it is cutting 25 percent of its workforce in Sweden, or 1,600 people, as slowing electric vehicle sales cut demand.
Europe’s great battery hope Northvolt fights for survival
The stakes are high, and not just for Northvolt. The European Commission made the battery sector one of its industrial priorities, crucial to supporting the all-important automotive industry as it faces up to a transition to electric vehicles that China is so far winning.
Dagens News (US) on MSN
19h
Europe’s Largest Battery Manufacturer Cuts Workforce by 20 Percent
Notably, Northvolt, Europe’s largest battery manufacturer, is set to lay off 20% of its workforce, a move that underscores ...
Tagtik on MSN
4d
Europe's battery sector is in trouble
Northvolt was presented as the ultimate European batteries in the face of China. Splash! The Swedish company is facing major ...
6m
India-made Ultraviolette F77 export to Europe begins: Details
The F77 Mach 2 is powered by a 7.1 kWh battery pack paired with a 27kW motor whereas the Recon uses a larger 10.3 kWh battery ...
The Financial Times
5d
Europe’s battery darling runs out of juice
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The S&P 500 hit a record high, ...
Financial Post
2d
Northvolt to cut 20% of global staff, placing Europe's EV battery-making ambitions at risk
Try refreshing your browser, or tap here to see other videos from our team. Northvolt to cut 20% of global staff, placing ...
Reuters
12d
Struggling Northvolt stokes fear for Europe's battery future
The Swedish company said it will focus on its core business of making
battery
cells, the units that store chemical energy. The decision effectively means Northvolt,
Europe
's most developed ...
8h
Stellantis Launches China’s Leapmotor EVs In Europe At Competitive Prices
A few months after the official announcement of Stellantis bringing Leapmotor to European markets, the company revealed ...
NGT News
8h
UL Solutions in Europe Certifies Alpitronic HYC400 Electric Vehicle Charger
The Alpitronic HYC400 is the first 400-kW fast electric vehicle charger to achieve UL certification from UL Solutions in ...
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