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

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

Northvolt and Volvo Cars formed Novo Energy in 2021 to build a dedicated battery factory in Gothenburg on Sweden's west coast. The joint venture already in January began cost-cutting measures ...

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

"Despite our best efforts to secure our business and an extensive ongoing search for a suitable new technology partner, the current economic challenges and market conditions have made it ...

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

Volvo Cars' Novo Energy said on Monday it will cut its workforce by 50% to reduce costs after an evaluation of its business ...

Volvo Cars said on Wednesday it would make production changes and cut 5% of the workforce at its Charleston plant in the ...

According to new documents released by the National Highway Traffic Safety Administration (NHTSA), Swedish luxury brand Volvo ...

Volvo Cars, which is majority-owned by China's Geely Holding, said it remained committed to creating 4,000 jobs in South Carolina and that it still planned to boost output there in the future.

According to Volvo, all of the recalled cars are believed to suffer from the software defect. The rearview camera display may go black when affected cars are put in reverse, impacting rear visibility.