Volvo Cars' battery company Novo Energy said on Monday it will cut its workforce by 50% to reduce costs after evaluating its ...

Novo Energy, the battery subsidiary of Swedish automaker Volvo Cars, will terminate 50% of its workforce-approximately 150 employees-as part of a drastic cost-cutting strategy triggered by the ...

Scania, the truck manufacturing subsidiary of Volkswagen, has agreed to acquire Industrial Division of Northvolt Systems to strengthen its off-road electrification capabilities. The deal includes ...

After Northvolt's bankruptcy, Novo Energy, co-owned by Volvo Cars, is cutting 50% of its workforce to reduce costs. Despite ...

Lyten launches U.S.-made lithium-sulfur batteries for drones, supporting defense UAVs with lightweight, long-endurance power ...

Novo Energy, Volvo Cars' battery company, plans to cut its workforce by half due to economic challenges and Northvolt's ...

Lyten has produced the U.S.' first battery grade lithium-metal foil utilizing U.S. made lithium alloys and U.S. sourced ...

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Being made redundant from Northvolt was a "blessing and a curse" for Abel Hailu Kebede.But it's led him to making durable and beautiful ...