Novo Energy cuts a further 150 jobs Northvolt bankruptcy impacts Novo Energy's operations Volvo Cars aims to continue battery production in Gothenburg STOCKHOLM, May 5 (Reuters) - (This May 5 ...

Layoffs at Volvo and its battery firm Novo Energy highlight the uncertain economic conditions automakers face in 2025.

Established in 2021 by Northvolt and Volvo Cars, Novo Energy is aimed to build a dedicated battery factory in Gothenburg, Sweden. The company will maintain limited operations while completing the ...

Volvo Cars takes full ownership of NOVO Energy AB Volvo Cars also said on Wednesday that it would be buying Northvolt AB ... Volvo Cars to look at possible collaboration opportunities in North ...

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 ...

Novo Energy, a joint venture by Northvolt and Volvo Cars founded in 2021, plans to construct a battery plant in Gothenburg. Credit: Best Auto Photo / Shutterstock.com. Volvo Cars’ battery ...

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, ...

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 ...

Northvolt, once considered Europe's best hope for a battery champion, filed for bankruptcy in March. Volvo Cars' battery company Novo Energy said on Monday it will cut its workforce by 50% to ...