Swedish battery maker Northvolt AB is pausing part of the production at its flagship factory and cutting the workforce to cope with operational difficulties and a drop in demand for electric vehicles.

Swedish EV battery manufacturer Northvolt scales back production and expansion plans amid a perceived slowdown in customer demand for electric models. The company revealed that it is suspending ...

Northvolt, a Swedish battery marker, is shutting down a Bay Area subsidiary and laying off its nearly 200 employees as it consolidates research and development efforts in Sweden. Cuberg’s ...

Northvolt acquired California battery technology company Cuberg in 2021, a 25-staffer operation that has since grown to over 200 and focused on developing lithium-metal battery technology.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sweden’s government has ruled out a financial rescue of Northvolt as the country’s green battery start ...

The European battery leader Northvolt is scaling back plans to manufacture battery chemicals and will focus instead on producing finished battery cells. The company’s retrenchment because of ...

HANOVER, Germany, Sept 16 (Reuters) - Scania owner Traton (8TRA.DE), opens new tab is committed to using Sweden's Northvolt as the truckmaker's single battery supplier despite recent production ...

Northvolt's troubles trigger doubts about its ability to produce enough batteries for Europe Northvolt to buy cathode active materials from Asian suppliers, source says Delivery issues triggered ...

STOCKHOLM—Northvolt will cut jobs as part of a broad cost-saving plan to streamline the business following a period of aggressive expansion and as the global electric-vehicle market cools.

Volkswagen AG said it remains a supporter of Northvolt AB’s ramp-up following reports that the German automaker is undecided on financing the battery producer in the near future. “We are in ...

STOCKHOLM (Reuters) - Northvolt's shock decision this week to shrink its operations and cut jobs has sparked fears that Europe's best shot at a home-grown electric vehicle battery champion may ...