Northvolt to Cut 1,600 Jobs Amid Struggles in EV Battery Market
Northvolt plans to lay off 1,600 employees in Sweden due to sluggish demand and competition from China in the electric vehicle battery market. The company also paused its expansion plans at the Northvolt Ett factory and stopped producing cathode active material.
Thankfully, the fire didn’t spread to the EV’s battery pack, which made it easier for firefighters to extinguish ...
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The company promises that the TECTRANS battery system will last 15 years or 2.8 million kilometers (1.74 million miles), ...
The federal government has awarded $150 million for the development of a graphite production facility in Orangeburg County ...
EVs can burn for days, firefighters have little or no training to deal with them, and conventional equipment isn’t effective.
A manufacturer of electric vehicle batteries in Thornton is getting a $50 million grant as part of a larger Department of ...
A new study of 10,000 electric cars shows that their battery packs should outlast the vehicles themselves. Geotab, an ...
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BMW of North America and Redwood Materials are partnering to recycle lithium-ion batteries from all electric, plug-in ...
A plug-in hybrid produces twice the greenhouse gas emissions of a fully electric vehicle over its lifetime, according to ...
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