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The Guardian - UK

Business

Miranda Bryant Nordic correspondent

Batterymaker Northvolt to cut 1,600 jobs amid electric car ‘headwinds’

Northvolt Peter Carlsson Volkswagen

The Northvolt facility in Skellefteå, northern Sweden — The Northvolt facility in Skellefteå, northern Sweden, is to lose 1,000 jobs. Photograph: Northvolt/Reuters

The Swedish batterymaker Northvolt is to cut 1,600 jobs, in response to “headwinds” blowing through the electric car industry.

The battery company announced redundancies across three of its sites on Monday, including 1,000 in Skellefteå, in northern Sweden, where it is suspending the expansion of Northvolt Ett, Europe’s first homegrown battery gigafactory.

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