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 ...

Novo Energy, Volvo Cars' battery company, plans to cut its workforce by half due to economic challenges and Northvolt's ...

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

(RTTNews) - NOVO Energy, the battery unit of Swedish luxury car maker Volvo Car AB (VLVOF, VOLCAR-B.ST), announced Monday around 50 percent reduction in its workforce, as part of its actions to ...

Volvo agreed with Northvolt to take over its 50 percent stake in the company following the battery maker’s bankruptcy.

(This May 5 story has been corrected to say that the planned transaction to raise Volvo Cars stake in Novo Energy to 100% from 50% is still pending approval, in paragraph 9) STOCKHOLM (Reuters ...

STOCKHOLM (Reuters) - Volvo Cars' battery company Novo Energy said on Monday it will cut its workforce by 50% to reduce costs after evaluating its business to take account of the bankruptcy of ...