Bankrupt Swedish battery maker Northvolt sheds jobs
Thousands of employees of bankrupt battery manufacturer Northvolt in Sweden are losing their jobs. Although the company can ...
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Major EV Battery Start Up Fires 5,300
One of the most promising EV battery startups in the world has declared bankruptcy. Northvolt has laid off 5,300 people and has only 1,700 remaining. The business will be sold off in pieces if it is ...
Northvolt bankruptcy trustee secures agreement for scaled-down operation
Northvolt's bankruptcy trustee said on Monday it had reached an agreement in principle with key stakeholders in the electric ...
Northvolt Cuts Workforce to 1,700 as Part of Bankruptcy Process
Bankrupt battery maker Northvolt AB will continue to operate in Sweden with a staff of 1,700 while its remaining employees ...
Inflation in Poland at 4.1% in 2025, central bank survey shows
Average annual inflation in Poland will amount to 4.1% in 2025, and it will then slow to 3.2% in 2026 and 2.7% in 2027, ...
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Less than 1,200 employees to remain at Skellefteå factory?
Bankruptcy trustee, Mikael Kubu, has previously announced that Northvolt will continue operating on a smaller scale while ...
Northvolt’s bankruptcy trustee reaches agreement in principle for scaled-down operation
Northvolt filed for bankruptcy in Sweden on March 12, marking it one of the country’s largest corporate failures and ...
Trump’s 25% tariff hands the car industry keys to China
The tariffs will harm the US auto industry's efforts to develop electric vehicles, benefiting China's dominance in the market. The new trade restrictions may undermine the progress made under Bidens ...