Beleaguered Swedish electric car battery maker Northvolt said Monday it would cut its workforce as it scales back operations to focus on its main...
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Swedish battery manufacturer Northvolt, the flagship start-up in Europe’s quest to catch up with Asian and American battery giants, is drastically revising its operational activities. The company has announced plans to scale back its workforce over a slowdown in electric vehicle sales and intensified competition from China. Northvolt is joining the string of manufacturers tuning down their production ambitions as part of the sales disruptions plaguing the energy transition in the automotive industry. Continue reading at newmobility.news.
Beleaguered Swedish electric car battery maker Northvolt said Monday it would cut its workforce as it scales back operations to focus on its main...
Swedish battery maker Northvolt is adjusting its expansion strategy, including plans for its C$7 billion facility in Canada. The company The post...
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.
STOCKHOLM (Reuters) -Battery maker Northvolt said on Monday it would suspend cathode active material production at its gigafactory in Sweden and cut...
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
The Ghost Month and monsoon rains failed to spook buyers as vehicle sales in August recorded a modest increase, data released by the Chamber of...
The Ghost Month and monsoon rains failed to spook buyers as vehicle sales in August recorded a modest increase, data released by the Chamber of...
Volvo, the Swedish car manufacturer owned by the Chinese Geely Group, has announced that it will abandon its ambition to sell only fully electric cars...