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EV slump prompts battery maker Northvolt to review growth plan

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(BLOOMBERG)
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By:
Bloomberg
July 02, 2024 01:03 PM

Northvolt may slow its battery projects, the latest in a line of industry reassessments after the transition to electric cars cooled.

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Nissan aims to add another 10,000 job cuts and shut down seven global assembly plants, four more than previously targeted, following a $4.5 billion annual loss.

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Hans Greimel
Nissan to shut more factories, double planned job cuts after $4.5B net loss
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Honda forecasts tariffs will hit profits hard, postpones Canada EV investment
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