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.
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A manufacturer of electric vehicle batteries in Thornton is getting a $50 million grant as part of a larger Department of ...
Thankfully, the fire didn’t spread to the EV’s battery pack, which made it easier for firefighters to extinguish ...
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