Europe’s attempt at building a battery manufacturing powerhouse announced that it had halted work on a factory expansion and ...
The stakes are high, and not just for Northvolt. The European Commission made the battery sector one of its industrial ...
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Swedish battery maker Northvolt plans to lay off 1,600 employees in Sweden, including 1,000 positions at its Northvolt Ett ...
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.
A Swedish battery company has been a symbol of Europe’s fight against US and Chinese dominance in electric vehicles. But Northvolt is now struggling to scale up its operations and stay afloat. I’m ...
Northvolt is the bloc's premier battery manufacturer to supply European automakers, going up against Chinese giants CATL and ...
Northvolt’s job losses amount to 25% of its Swedish staff, and 20% worldwide.
Notably, Northvolt, Europe’s largest battery manufacturer, is set to lay off 20% of its workforce, a move that underscores ...
The loss of 1,600 jobs in Sweden comes as electric car sales slump in Europe and the continent lags far behind China in battery production ...