northvolt battery news

Another blow for electric vehicle drive as battery startup Northvolt lays off 1,600 workers

Swedish battery maker Northvolt said on Monday it was cutting a fifth of its workforce and scaling back expansion plans in response to "headwinds."

SiliconRepublic · 5h

EV battery-maker Northvolt to lay off 1,600 staff

EV battery-maker Northvolt will lay off 1,600 employees across Sweden and suspend its expansion project in Skellefteå.

Hosted on MSN · 19h

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 will proceed as planned, despite announcing on Monday its intention to lay off 1,

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 ...

E&E4h

Europe’s battery champion slashes jobs as EV sales slow

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.

9hon MSN

Swedish gigafactory Northvolt to cut 1,600 jobs after BMW cancels $2.2 billion contract; "We now need to focus ...," CEO tells employees

Northvolt, a leading European battery manufacturer, will lay off 1,600 employees in Sweden following the cancellation of a ...

Bloomberg L.P.4d

Northvolt Hits New Battery Milestone Even as Cash Woes Mount

Northvolt AB has hit a new high for the production of lithium-ion battery cells at its main plant in Sweden, even as the company scales back some operations to address a financing crunch. The ...

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