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

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

Northvolt went bankrupt and Novo’s plant in Gothenburg is facing a financial crisis.Amid all this, plans are moving forward ...

Volvo Cars' battery venture Novo Energy has announced a workforce reduction and organisational changes, cutting 50% of its ...

Adecco winds down staffing operations in SkellefteåA total of 17 consultants are losing their jobs, including cancer sufferer ...

After Northvolt's bankruptcy, Novo Energy, co-owned by Volvo Cars, is cutting 50% of its workforce to reduce costs. Despite ...

Swedish electric plane manufacturer Heart Aerospace AB is relocating its headquarters to Los Angeles from Gothenburg in a ...

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

Europe wants to make 90 per cent of batteries within the continent by 2030. But production capacity will still lag behind China. McKinsey Battery Insights analysts expect Europe’s announced battery ...

Despite a challenging quarter marked by Northvolt's bankruptcy, Castellum AB (CWQXF) remains committed to growth through strategic investments and sustainability initiatives.

Liberal leader Johan Pehrson resigns, Scania rules out Northvolt acquisition, and other news from Sweden on Tuesday.