Battery maker Northvolt moves R&D from California to Sweden, Cuberg subsidiary restructures.

Battery maker Northvolt AB is moving its R&D efforts from California to Sweden, citing cost-efficiency for lithium-metal technology industrialization. Following the move, Cuberg, a subsidiary acquired in 2021, is asking employees to reapply for positions within the Northvolt group. The decision comes amid operational challenges, including battery delivery delays and worker safety concerns.

7 months ago
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