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