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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.
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.
Europe’s battery champion slashes jobs as EV sales slow
Swedish battery company Northvolt announced Monday it is cutting 25 percent of its workforce in Sweden, or 1,600 people, as slowing electric vehicle sales cut demand.
1h
on MSN
Stellantis Launches Leapmotor T03 Urban EV And C10 SUV In Europe At Competitive Prices
Chinese automaker Leapmotor brings its first EVs to Europe with the help of Stellantis. Pricing starts from €18,900 for the ...
IJR
2d
DAVID BLACKMON: Europe’s EV Market Collapse Provides A Lesson For UAW Leadership
It is an ill-kept secret of American politics that most of the big labor unions in the country have long been client ...
Electrek
1d
Hyundai sees Europe as a ‘battleground’ for EVs and wants its share of the market
Hyundai Motor Group, including Kia and Genesis, is looking to take advantage of Europe’s “battleground” with plans to expand ...
5d
Europe’s EV Sales Plunge Has Carmakers Seeking EU Relief
Germany, hit by bad economic news in recent weeks, led a drop in European car sales last month as demand for electric ...
WSAY
12h
China’s Leapmotor and Stellantis open orders in Europe for budget EVs
China's Leapmotor is set to start taking orders in Europe for a city car and an SUV, the automaker and its partner Stellantis ...
4d
EV skills shortage threatens Europe’s green transport revolution
As EV registrations decline, the European automotive sector faces a technician shortage, risking missed opportunities for ...
Financial Post
1d
Northvolt to cut 20% of global staff, placing Europe's EV battery-making ambitions at risk
Try refreshing your browser, or tap here to see other videos from our team. Northvolt to cut 20% of global staff, placing ...
impactalpha.com
1d
Cariqa lands $1.1 million pre-seed to boost EV charging efficiency across Europe
Berlin-based Cariqa has raised $1.11 million from Anthemis and others in a pre-seed funding round to launch an EV charging ...
Automotive News
5d
Germany's 69% slump in August EV sales drags on Europe's auto market
Europe-wide, EV market share has shrunk to 14 percent in the region through August, down from just over 15 percent as ...
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