Unlock the Editor’s Digest for free
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Northvolt will cut more than one in five jobs and suspend the expansion of its main gigafactory as Europe’s leading battery maker fights for survival.
The group said on Monday that it would cut 1,600 jobs in Sweden as part of its effort to attract new capital from investors.
The lossmaking group said it had managed to triple its production since the start of the year…
Read the full article here