Northvolt Lenders Meet as Battery Maker Hangs by Thread
A group of Northvolt AB lenders is set to meet on Friday to consider whether to extend a lifeline to the cash-strapped maker ...
The Economist3d
Northvolt announces more cuts, worrying investors
Northvolt had all the trappings of an industrial champion. Capital had poured in from Wall Street titans such as Goldman ...
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 ...
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 ...
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 ...
Automotive News3d
How Europe's battery hope Northvolt has become a symbol of the EV bust
Burning cash as it struggles to deliver the batteries it promised customers, Northvolt is shedding a fifth of its staff. With ...
Scania CEO says committed to Northvolt despite cutbacks, delivery issues
Scania owner Traton is committed to using Sweden's Northvolt as the truckmaker's single battery supplier despite recent ...
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.
The Financial Times7d
Northvolt to cut more than 20% of jobs in battle for survival
Europe’s leading battery maker is downsizing as it struggles to build up production amid slowing shift to electric vehicles The bulk of the job cuts will affect workers at Northvolt’s factory ...