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.
For utilities, a battery farm that’s cheap to build and soaks up lots of inexpensive, or even negatively priced, electricity ...
Reuters.com is your online source for the latest news stories and current events, ensuring our readers up to date with any ...
Thankfully, the fire didn’t spread to the EV’s battery pack, which made it easier for firefighters to extinguish ...
The federal government has awarded $150 million for the development of a graphite production facility in Orangeburg County ...
Materials firm Braskem has received $50 million in funding from the U.S. Department of Energy's Office of Manufacturing and ...
EVs can burn for days, firefighters have little or no training to deal with them, and conventional equipment isn’t effective.
The Biden administration is awarding $3 billion to U.S. companies to boost domestic production of advanced batteries and ...
A manufacturer of electric vehicle batteries in Thornton is getting a $50 million grant as part of a larger Department of ...
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
A plug-in hybrid produces twice the greenhouse gas emissions of a fully electric vehicle over its lifetime, according to ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback