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.
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."
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.
Swedish battery manufacturer Northvolt to cut 1,600 jobs: here’s why
Northvolt has announced plans to cut 1,600 jobs in Sweden and suspend the expansion of its Skellefteå gigafactory.
Swedish Battery Maker Northvolt To Slash 1,600 Jobs, Quarter Of Staff
Sweden's beleaguered electric car battery maker Northvolt said Monday it would cut a quarter of its staff in the country, as it struggles with strained finances and a slowdown in demand.
Battery maker Northvolt to lay off 1,600 jobs in Sweden
Swedish battery maker Northvolt plans to lay off 1,600 employees in Sweden, or around one fifth of its global workforce, as slower than expected demand for electric vehicles takes a heavy toll on the auto industry.
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TNW Podcast: The future of Northvolt, underwater Wi-Fi, and power-hungry data centres
Linnea and Andrii talk about energy use at data centres, the state of Northvolt, submarine communications, and a few things ...
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 ...
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 ...
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Skellefteå hit hard as Northvolt plans to lay off 1,600 employees
In a press release issued by Northvolt shortly after 1PM on Monday, the company announced that it has conducted a strategic ...
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Northvolt's planned $7B EV battery plant has Quebec premier taking heat
Opposition leaders at the Quebec legislature on Sept .24 called on the Coalition Avenir Québec government to be more ...
Quebec premier taking heat over $7-billion Northvolt battery plant
The Quebec government has given Northvolt a $240-million guaranteed loan to help the company buy land about 30 kilometres ...
Sweden’s Northvolt to Cut 20% of Staff Amid Liquidity Crunch
Swedish battery maker Northvolt AB will shed 20% of its headcount globally and suspend the expansion of its main factory in ...
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Swedish government sets up Northvolt crisis management group
Northvolt said in its statement that in addition to the redundancies, comprising some 20% of the global workforce and a ...