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Charles DalyFortune |
The group of companies — including AstraZeneca, Ericsson, and Saab — will develop what it calls the largest enterprise AI supercomputer in Sweden.
“Sweden is not at war, but there is no peace either,” Prime Minister Kristersson said.
Ending months of speculation that the company was readying a stock market listing.
Sweden’s Northvolt AB was seen as a potential European rival to the giant Chinese EV power cell companies. Now the business is fighting for its...
The company said it continues to work on a strategic review aimed at strengthening its core business.
Northvolt’s job losses amount to 25% of its Swedish staff, and 20% worldwide.
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