Volvo and battery specialist Northvolt AB are set to build a new battery plant and research facility in Volvo's home city of Gothenburg, Sweden, for use in Volvo and Polestar vehicles. Construction of ...

Volvo Cars and Northvolt have officially revealed that their joint battery manufacturing plant, announced in 2021, will be built in Gothenburg, Sweden. The two partners previously decided to build in ...

Volvo Group announced this month that it intends to establish a large-scale production plant for battery cells in Sweden. The group, which is separate from Volvo Cars, is engaged in commercial vehicle ...

Volvo will lay off around 1,300 office-based employees in Sweden as it steps up its cost cutting. While the group's efficiency drive had begun to show results, more was needed, CEO Jim Rowan said in a ...

The move comes after the company announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan. Volvo Cars said the 3,000 job cuts would primarily impact office-based positions in ...

Volvo, in partnership with Northvolt, a supplier of sustainable battery cells and related systems, announced on Friday it's opening a new joint-venture manufacturing plant. The facility will be ...

Swedish automobile firm Volvo Cars will lay off 3,000 employees as part of a cost-cutting program, the company said on Monday. The reductions are a result of struggles arising from trade tensions and ...