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

Efter Northvoltkonkursen varslar Novo Energy, som nu ägs av Volvo, hälften av personalen. Företaget saknar fortfarande ny ...

Novo Energy är ett batteribolag som grundades av Northvolt och Volvo Cars. Planen var att bygga en batterifabrik i Göteborg ...

Novo Energy, a Volvo Cars venture, plans a 50% workforce reduction post evaluation, due to Northvolt's bankruptcy. Despite ...

Northvolt and Volvo Cars formed Novo Energy in 2021 to build a dedicated battery factory in Gothenburg on Sweden's west coast. The joint venture already in January began cost-cutting measures ...

"Despite our best efforts to secure our business and an extensive ongoing search for a suitable new technology partner, the current economic challenges and market conditions have made it ...