Batterymaker Northvolt to axe 1,600 jobs amid EV slowdown
- 24 September 2024
Swedish batterymaker Northvolt is cutting 1,600 jobs and “rescoping” operations amid electric vehicle headwinds.
Swedish batterymaker Northvolt is cutting 1,600 jobs and “rescoping” operations amid electric vehicle headwinds.
Volvo and Swedish battery company Northvolt are to build a European gigafactory under a new partnership to develop and produce electric vehicle batteries.