Northvolt has revised expansion plans for its gigafactory in Sweden and is slowing down development plans, with the loss of around 1,600 jobs
The announcement of a slowdown in expansion follows the battery maker’s decision earlier this month to place the Northvolt Ett cathode active material facility into “care and maintenance”.
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Toyota is looking at how it can continue to grow its electric vehicle and battery business sustainably in Japan, while considering demand and the impact of material prices.
Ukraine has agreed to a framework proposal to share 50% of the revenue from its critical mineral deposits with the US for reciprocal security guarantees.
Mazda is going to assemble battery module packs from cylindrical lithium-ion batteries supplied by Panasonic Energy in Yamaguchi.
