Northvolt cutting costs, undergoing strategic review

Volvo and Northvolt partner on battery development and productionSwedish battery maker Northvolt is undertaking a strategic review that could lead to job losses as the company aims to cut costs and scale back ambitious expansion plans, Reuters reported Monday. "No final decisions have been made on the precise nature of any (workforce) resizing," Northvolt said in a statement to Reuters. The company has decided...