Northvolt Hires Advisory Firm Teneo to Tackle Cash Crunch
Sweden’s Northvolt AB has hired consulting firm Teneo for restructuring advice, including contingency planning should the ...
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Northvolt’s Struggles and Strategic Shifts Amid Production Challenges
Northvolt is cutting 1,600 jobs, suspending expansion plans, and refocusing efforts amid production issues and stiff ...
Scania CEO says committed to Northvolt despite cutbacks, delivery issues
Scania owner Traton is committed to using Sweden's Northvolt as the truckmaker's single battery supplier despite recent ...
Northvolt announces 1,600 layoffs in Sweden, insists Quebec EV battery plant won't be affected
Swedish electric vehicle battery manufacturer Northvolt says construction of a $7-billion plant on Montreal's South Shore ...
The Asset12h
Northvolt scales back battery ambitions
Swedish battery maker Northvolt is scaling back its growth plans, a move that analysts view as a blow to the ambitious plans ...
The Local1d
Northvolt to slash almost a quarter of its workforce
The Northvolt Ett project in Skellefteå. Previous plans to expand development at this site have now been scrapped. Photo: ...
Northvolt set to axe one in five jobs amid falling demand for its batteries as electric car sales stall
In yet another blow to the industry, Northvolt said it would cut 1,600 jobs in Sweden, a quarter of its workforce in its home ...