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Battery maker, Northvolt
Northvolt lays off 1,600 workers, but it’s not the end for Europe’s battery champion
Europe’s attempt at building a battery manufacturing powerhouse announced that it had halted work on a factory expansion and laid off about 20% of its employees.
EV Battery Maker Northvolt Cuts Jobs Amid Financial Struggles
Northvolt, a leading Swedish EV battery maker, announces layoffs of 1,600 employees due to financial difficulties. Read to know more!
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.
10h
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 ...
The Asset
4h
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 ...
2h
Quebec premier under pressure over $7B Northvolt battery plant
Opposition leaders at the Quebec legislature on Tuesday called on the government to be more transparent about its agreement ...
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 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 ...
devdiscourse
1d
Northvolt to Lay Off 1,600 Employees Amid Sluggish EV Demand
Swedish battery maker Northvolt plans to lay off 1,600 employees in Sweden due to slower-than-expected demand for electric ...
The Local
16h
More than 2,000 with work permits at troubled Northvolt
It is not yet known exactly who will be affected by 1,600 redundancies at battery producer Northvolt, but for people in ...
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Sweden
battery
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