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Northvolt, Europe
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 Will Cut Jobs as Demand Slows
Sweden’s Northvolt is scaling back plans after years of rapid expansion and will enact major job cuts. Here’s what’s going on.
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.
Dagens News (US) on MSN
19h
Europe’s Largest Battery Manufacturer Cuts Workforce by 20 Percent
Notably, Northvolt, Europe’s largest battery manufacturer, is set to lay off 20% of its workforce, a move that underscores ...
Indiatimes
2m
India-made Ultraviolette F77 export to Europe begins: Details
The F77 Mach 2 is powered by a 7.1 kWh
battery
pack paired with a 27kW motor whereas the Recon uses a larger 10.3 kWh ...
NGT News
8h
UL Solutions in Europe Certifies Alpitronic HYC400 Electric Vehicle Charger
The Alpitronic HYC400 is the first 400-kW fast electric vehicle charger to achieve UL certification from UL Solutions in ...
16h
EV Battery News | Today's Latest Stories | Reuters
Reuters.com is your online source for the latest news stories and current events, ensuring our readers up to date with any breaking news developments ...
Torque News
18h
Electric Car Battery Degradation Study Suggests Batteries Will Outlast Cars
Our knowledge on how to make batteries better continues to improve and the result is that we are finding that EV batteries ...
Crude Oil Prices
12d
Europe Invests Billions in Battery Recycling to Fuel EV Revolution
Europe is investing billions in battery recycling plants to recover critical minerals and support the growing electric vehicle industry.
8h
Stellantis Launches China’s Leapmotor EVs In Europe At Competitive Prices
A few months after the official announcement of Stellantis bringing Leapmotor to European markets, the company revealed ...
1h
Reolink’s game-changing Altas PT Ultra is the most exciting new battery camera of 2024
The Reolink Altas PT Ultra is the most impressive new battery camera of the year, offering exciting new features you can't ...
12m
VW labour clash spotlights Europe's car factory conundrum
Volkswagen's showdown with powerful labour leaders over how to tackle spiralling costs at underused German factories has ...
Tagtik on MSN
4d
Europe's battery sector is in trouble
Northvolt was presented as the ultimate European batteries in the face of China. Splash! The Swedish company is facing major ...
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