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Battery maker, Northvolt
Northvolt lays off 1,600 workers, but it’s not the end for Europe’s battery champion
The company was planning to expand its Ett factory in northern Sweden to scale production to 30 gigawatt-hours annually. On September 9, the company also axed another CAM production site in Sweden. Without those factories,
Battery giant Northvolt to cut 25% of workforce in Sweden as part of a major cost-cutting drive
Battery maker Northvolt on Monday announced plans to cut a total of 1,600 jobs in Sweden as part of a major cost-cutting drive.
Northvolt to axe 1,600 jobs as Europe's EV hopes stall
Northvolt plans to cut 1,600 jobs at its base in Sweden, or about a fifth of its global workforce, as Europe's biggest hope in the electric vehicle battery market struggles with production problems, sluggish demand and competition from China.
11h
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 ...
Lethbridge Herald
46m
Quebec premier taking heat over $7-billion Northvolt battery plant
MONTREAL - Quebec Premier François Legault is under pressure over his government's investment in a planned battery factory ...
devdiscourse
1d
Northvolt’s Struggles and Strategic Shifts Amid Production Challenges
Northvolt is cutting 1,600 jobs, suspending expansion plans, and refocusing efforts amid production issues and stiff ...
Just Auto on MSN
1d
Northvolt restructures in Sweden
EV battery firm
Northvolt
has outlined a review of operations in Sweden which will result in the loss of 1,600 jobs. The ...
The Asset
5h
Northvolt scales back battery ambitions
Swedish battery maker Northvolt is scaling back its growth plans, a move that analysts view as a blow to the ambitious plans ...
The Local
1d
Northvolt to slash almost a quarter of its workforce
The
Northvolt
Ett project in Skellefteå. Previous plans to expand development at this site have now been scrapped. Photo: ...
1d
Northvolt set to axe one in five jobs amid falling demand for its batteries as electric car sales stall
In yet another blow to the industry, Northvolt said it would cut 1,600 jobs in Sweden, a quarter of its workforce in its home ...
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Sweden
battery
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