Sweden’s Northvolt is scaling back plans after years of rapid expansion and will enact major job cuts. Here’s what’s going on ...

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

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.

Northvolt is working with unions and external partners to assist affected employees, including offering help with job searches and relocation.

Northvolt, Europe's key player in EV battery market, to slash jobs and suspend expansion due to production issues and ...

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