Swedish battery factory Novo Energy, the joint venture set up by Northvolt and Volvo Cars, has announced it is laying off 50% of its employees following an evaluation of its operations in the wake of Northvolt’s bankruptcy.
News
May 5, 2025
Battery factory Novo Energy halves workforce following Northvolt bankruptcy
The joint venture set up by Northvolt and Volvo Cars has announced a resizing of operations to cut costs
2 min read
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