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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
Science Daily
2h
New battery cathode material could revolutionize EV market and energy storage
A research team has developed a low-cost iron chloride cathode for all-solid-state lithium-ion batteries, which could significantly reduce costs and improve performance for electric vehicles and large ...
GlobalData on MSN
12h
Nationwide Vehicle Contracts rolls out used EV business contract hire option
UK-based car and van leasing provider Nationwide Vehicle Contracts has unveiled a new used electric vehicle (EV) business ...
EURACTIV
17m
Swedish battery giant announces redundancies amid EU electric vehicles industry struggles
However, with sales of electric cars falling short of expectations, ACEA on Thursday called for a speedier revision of the EU ...
Torque News
13d
Powering a Battery-Only Vehicle Is 23-Times Slower Than Powering a Hybrid -Why It Matters
We compare and contrast the time per mile to power a hybrid-electric vs. adding electricity to a battery-electric vehicle.
5h
Electric RVing Without Range Anxiety: ‘World First’ Hybrid Class A Motorhome
Range anxiety was just removed from the electric-powered RV equation. Meet the THOR Test Vehicle, a hybrid Class A motorhome.
Opinion
9h
Opinion
The U.S. Lost the Battery Race to China. Can It Make a Comeback?
For utilities, a battery farm that’s cheap to build and soaks up lots of inexpensive, or even negatively priced, electricity ...
8d
The Auto Industry Finally Has a Plan to Stop Electric Vehicle Fires
EVs can burn for days, firefighters have little or no training to deal with them, and conventional equipment isn’t effective.
12h
on MSN
Tesla Model 3 Highland Burns While Charging, But Don’t Blame The Battery
Thankfully, the fire didn’t spread to the EV’s battery pack, which made it easier for firefighters to extinguish ...
19h
Should I Get a Hybrid or Go Full Electric?
A plug-in hybrid produces twice the greenhouse gas emissions of a fully electric vehicle over its lifetime, according to ...
Colorado Public Radio
1d
Electric vehicle battery plan in Thornton gets $50 million federal grant to boost supply chain, add Colorado jobs
A manufacturer of electric vehicle batteries in Thornton is getting a $50 million grant as part of a larger Department of ...
3d
3 Electric Vehicle (EV) Stocks That Could Go Parabolic
After years of subpar performance, there's now a light at the end of the tunnel for all three companies ... and their stocks.
CBS News
6h
Cutting-edge Chicago lithium-ion battery maker to receive big federal grant
This all means big goals at the R&D facility in West Town for NanoGraf batteries and
battery
components. "The big hope and ...
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