Northvolt to cut 20% of global staff, placing Europe’s EV battery-making ambitions at risk
Struggling to ramp up production as demand for electric vehicles slows Workers gather at a food truck in the snow at the Northvolt AB plant in Skelleftea, Sweden, on Thursday, Feb. 17, 2022. Photo by Mikael Sjoberg /Bloomberg The money-saving move comes as Northvolt continues to negotiate a new financing pact with its creditors and … Read more