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Maroc Maroc - NEWMOBILITY.NEWS - A La Une - 10/Sep 09:54

Europe’s ‘battery flagship’ Northvolt cuts back on workforce

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.

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