State Archaeological Survey officers have posted pictures of finds from a building trailer throughout a significant archaeological survey on the Northvolt web site.
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Sweden’s Northvolt stated on Wednesday that the top of its flagship plant, Europe’s first home gigafactory for lithium-ion battery cells, would step down with rapid impact.
It comes shortly after the stalled firm announced plans to chop its workforce by round 25% in Sweden as a part of a significant cost-cutting drive.
Marc Duchesne, CEO of Northvolt Ett, might be changed on an interim foundation by Angéline J. Bilodeau, the agency’s vice chairman of North American operations, the corporate stated in an announcement.
The place might be stuffed till the top of the yr as the corporate seeks to safe a everlasting substitute for Northvolt CEO Ett, it added.
Primarily based in Stockholm, Sweden, Northvolt is one in all Europe’s the most valuable private technology companies which builds lithium-ion batteries for the electrical automobile trade. It has partnerships with various main European automobile producers, incl Volkswagen and Volvo.
In an update revealed on September 23, Northvolt stated that following the preliminary steps taken as a part of the strategic assessment, the corporate has reviewed its scope of operations in Sweden “to make sure that its sources are targeted on accelerating manufacturing in large-scale cell manufacturing in Northvolt Ett.”
The strategic transfer requires the corporate to chop a complete of 1,600 jobs in Sweden, Northvolt stated.
Staff stroll on the positioning of the Northvolt Ett manufacturing facility in Scheleftea, northern Sweden on February 23, 2022.
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Together with plans to chop workers, Northvolt stated on the time it could halt plans to considerably broaden Northvolt Ett, noting that the challenge was designed to offer an extra 30 gigawatt hours of annual cell manufacturing capability.
On Tuesday, a subsidiary of Northvolt filed for bankruptcy following the choice to droop the enlargement challenge – an replace that highlights the group’s deepening monetary struggles.
Individually, Swedish automaker Volvo Vehicles on Wednesday announced Deputy CEO Björn Anvall will step down from his present position as a part of a administration shake-up.
The reorganization at Volvo Vehicles comes shortly after the corporate deserted its short-term objective of promoting solely electrical autos, citing the must be “pragmatic and versatile” amid altering market circumstances and cooling demand.
