Europe’s attempt at building a battery manufacturing powerhouse announced that it had halted work on a factory expansion and ...

Sweden’s Northvolt AB has hired consulting firm Teneo for restructuring advice, including contingency planning should the ...

Swedish battery maker Northvolt plans to lay off 1,600 employees in Sweden, including 1,000 positions at its Northvolt Ett ...

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

Battery maker Northvolt on Monday announced plans to cut a total of 1,600 jobs in Sweden as part of a major cost-cutting ...

Sweden's beleaguered electric car battery maker Northvolt said Monday it would cut a quarter of its staff in the country, as ...

Quebec Premier François Legault is under pressure over his government's investment in a planned battery factory near Montreal ...

EV battery firm Northvolt has outlined a review of operations in Sweden which will result in the loss of 1,600 jobs. The move ...

Northvolt has announced plans to cut 1,600 jobs in Sweden and suspend the expansion of its Skellefteå gigafactory.

Northvolt is cutting 1,600 jobs, suspending expansion plans, and refocusing efforts amid production issues and stiff ...

Sweden’s Northvolt AB will shed 20% of its global workforce and pause its expansion plans to slow cash outflows as the battery-making firm confronts a burgeoning financial squeeze.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Northvolt’s sub-Arctic battery factory in northern Sweden was meant to symbolise Europe’s green ...