Batterymaker Northvolt to cut 1,600 jobs amid electric car ‘headwinds’
by Miranda Bryant Nordic correspondent from on (#6QYJX)
Move comes after weeks of uncertainty over reports of financial problems as green vehicle sector struggles
The Swedish batterymaker Northvolt is to cut 1,600 jobs, in response to headwinds" blowing through the electric car industry.
The battery company announced redundancies across three of its sites on Monday, including 1,000 in Skelleftea, in northern Sweden, where it is suspending the expansion of Northvolt Ett, Europe's first homegrown battery gigafactory.
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