Northvolt announces 1,600 layoffs in Sweden, insists Quebec EV battery plant won’t be affected

Northvolt announces 1,600 layoffs in Sweden, insists Quebec EV battery plant won’t be affected

Electric vehicle battery manufacturer Northvolt says construction of a $7-billion plant on Montreal’s South Shore will proceed as planned, despite announcing on Monday its intention to lay off 1,600 employees in Sweden. The Swedish multinational said it plans to cut 1,000 jobs in Skellefteå, 400 in Västerås and 200 in Stockholm — about a fifth of its … Read more

U.S. eases vehicle emissions rules, but overall reduction targets remain unchanged

U.S. eases vehicle emissions rules, but overall reduction targets remain unchanged

The Biden administration on Wednesday slashed its target for U.S. electric vehicle adoption from 67 per cent by 2032 to as little as 35 per cent after industry and autoworker backlash in the political battleground state of Michigan. The Environmental Protection Agency (EPA) instead adopted a “technology neutral” regulatory scheme that allows automakers far more freedom … Read more