Stockholm, Sweden — Sweden has no plans to rescue financially-strained electric car battery maker Northvolt, hit by slumping EV sales in Europe and stiff Chinese competition, Prime Minister Ulf Kristersson said Monday. Northvolt announced on September 9 that it planned to slash its workforce and scale back its operations in order to improve its “financial Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
