Marie Mannes
Volvo Cars cuts full-year growth outlook on EV slowdown
Volvo Cars beat Q3 profit expectations but cut its full-year sales growth forecast amid a premium market slowdown.
Northvolt making progress towards securing financing package
Swedish battery maker Northvolt is making significant progress towards raising a new financing package, it told Reuters on Monday.
Truck maker Volvo’s Q3 adjusted profit falls more than expected
Swedish truck maker AB Volvo forecast stagnant demand next year and posted a bigger-than-expected slide in quarterly adjusted earnings on Friday.
Northvolt: Cash-strapped EV-battery maker in talks for 200 million euros in funding
Northvolt announced job cuts, raising fears that Europe's top EV battery hope may falter amid low demand and Chinese competition.
Northvolt to axe 1,600 jobs as Europe’s EV hopes stall
Northvolt cuts 1,600 jobs and suspends expansion as it faces production issues, slow EV demand, and competition from China.
Struggling Northvolt stokes fear for Europe’s battery future
Northvolt's decision to cut jobs and scale back operations raises doubts about Europe's bid for a leading EV battery maker.
Volvo Cars scales back margin and revenue ambitions
After axing EV target, Volvo Cars lowers revenue and margin aims while pledging one 'technology stack' for all models.
Volvo Cars abandons 2030 EV-only target
Volvo has scrapped its all electric by 2030 target, saying it now expected to still be offering some hybrid models in its lineup...
EV tariffs could hurt European companies and industry, Polestar CFO says
Polestar CFO warns EU and U.S. tariffs on China-made EVs could harm European industry, as Polestar shifts production.
Polestar shares rebound on funding boost, margins reassure
Polestar shares rise after announcing $1.3bn in external funding after months of setbacks.
