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.

August 20, 2024
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