STOCKHOLM (Reuters) -Battery maker Northvolt said on Monday it would suspend cathode active material production at its gigafactory in Sweden and cut...

The Swedish battery manufacturer said it would eliminate jobs and seek partnerships as it grappled with competition from China.

The Swedish battery manufacturer said it would eliminate jobs and seek partnerships as it grappled with competition from China.

As competition from China increases and an electric vehicle switch looms, Volkswagen is looking to cut costs by closing at least one factory.

Chinese electric-vehicle maker BYD Co. has raised its annual sales forecast thanks to a surge in purchases of plug-in hybrid vehicles.

NSANY is set to slash production of the Rogue and Frontier by up to 40,000 units in September and October to address inventory and oversupply issues.

WALL Street was on track to open slightly higher on Friday as investors reevaluated the possibility of a bigger interest rate cut by the Federal...

WALL Street was on track to open slightly higher on Friday as investors reevaluated the possibility of a bigger interest rate cut by the Federal...

Swedish battery maker has been grappling with factory problems and slowing growth in European EV take-up

Swedish battery maker has been grappling with factory problems and slowing growth in European EV take-up