Beleaguered Swedish electric car battery maker Northvolt said Monday it would cut its workforce as it scales back operations ...

Northvolt drastically scales back production plans after a couple of years of rapid growth. Here's what's going on with the ...

The company announced the layoffs in a press release, citing a sudden cash shortage, largely due to BMW canceling a contract ...

Northvolt's shock decision this week to shrink its operations and cut jobs has sparked fears that Europe's best shot at a ...

Europe’s leading battery maker is to slash jobs and scale back its commitments as the “challenging” market for electric ...

Carlsson stressed that despite the setback ... a crucial component of lower-emission cars. But the battery maker has also been plagued by production delays. In May, BMW dropped an order worth ...

GM Pat Verbeek lauds the defenseman, who in his second season in Anaheim becomes the ninth captain in team history and first since Ryan Getzlaf retired in 2022 ...

Northvolt will cut jobs as part of a broad cost-saving plan to streamline the business following a period of aggressive ...

The announcement comes as sales of electric cars are slumping in Europe and the continent lags ... and strengthen our operational performance," Chief Executive Peter Carlsson said in a statement.