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Another blow for electric vehicle drive as battery startup Northvolt lays off 1,600 workers
Swedish battery maker Northvolt said on Monday it was cutting a fifth of its workforce and scaling back expansion plans in response to "headwinds."
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.
Swedish battery maker Northvolt to slash 1,600 jobs, quarter of staff
Sweden's beleaguered electric car battery maker Northvolt said Monday it would cut a quarter of its staff in the country, as it struggles with strained finances and a slowdown in
1h
All-Electric 2024 Cadillac Lyriq Review
2024 Lyriq in a few words: An outstanding electric luxury SUV with great looks and great range. Warranty: 4-years/50,000 mile ...
12h
In Va., electric vehicle infrastructure development is underway. Incentives could spur growth.
This is part three of a five-part series about Virginia’s transition to electric vehicles that examines the government’s role ...
IJR
1h
The Push To Stuff Americans Into Electric Vehicles Is Facing Its Latest Stop Sign: Theft
Rampant theft at charging stations is emerging as a new problem for the Biden-Harris administration’s broad electric vehicle (EV) push, ...
The Daily Signal
2h
Congress Takes Big Step Toward Dismantling Biden-Harris Admin’s Electric Vehicle Mandate
DAILY CALLER NEWS FOUNDATION —The House passed a bill Friday that would overturn the Biden-Harris administration’s de facto ...
Inland Valley Daily Bulletin
8h
Hopes of turning Riverside County into electric vehicle-making hub dashed by veto
“While I support efforts to boost
electric
vehicle
manufacturing jobs and education in this state, particularly in ...
14h
on MSN
Siemens to Carve Out eMobility Electric Vehicle Charging Unit
Siemens said it would separate its electric vehicle charging unit to create an independent business that is more agile and ...
1d
1 No-Brainer Electric Vehicle (EV) Stock to Buy With $200 Right Now
And demand for EVs continues to grow despite a reduction in forecasts. Over the next five years, domestic EV sales are now ...
18m
Car loans rise amid electric vehicle boost
The take-up volume of UOB’s green car loans – these refer to borrowing for an EV – also doubled year on year, she added. OCBC ...
1d
1 Magnificent Electric Vehicle (EV) Stock Down 45.8% to Buy and Hold Forever
Right now, Rivian has only two luxury models: the R1T and the R1S. They have garnered plenty of fanfare, with Consumer ...
TMCnet
9h
Amprius Secures Over $20 Million in Contracts for Light Electric Vehicle Applications
The LEV market is expected to grow rapidly, reaching an estimated $205.7 billion by 2032, with a compound annual growth rate ...
3d
The role of government in the electric vehicle revolution – what is Norway doing right?
Whether it’s through generous tax breaks or zero-emission mandates, government incentives are driving the transition to ...
NBC New York
22h
GM's EV sales momentum is finally building as new vehicle lineup fills out
While GM has withdrawn most of its previously announced
electric
vehicle
targets, the automaker believes its EV sales ...
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