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Hampus Engellau

Hampus Engellau

Volvo Cars Announces Major Job Cuts in Gothenburg Amid Cost-Saving Efforts
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Volvo Cars Announces Major Job Cuts in Gothenburg Amid Cost-Saving Efforts

The car manufacturer Volvo Cars is to save billions. The company is now announcing major staff cuts
Trump's Tariff Plan Could Drive Up Car Costs, Impact US Market
Business News

Trump's Tariff Plan Could Drive Up Car Costs, Impact US Market

A blow to the USA's car market where consumers will have to pay an extra cost of tens of thousands of kronor. This will be the consequence of President Donald Trump's latest tariff gamble, assesses automotive analyst Hampus Engellau
Analysts: This is how Swedish companies in Mexico are affected
Business News

Analysts: This is how Swedish companies in Mexico are affected

What becomes a reality of Donald Trump's tariff threats is still highly unclear. However, there are a number of Swedish companies in the line of fire due to their production in Mexico
Northvolt in crisis - "Dialogue is ongoing"
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Northvolt in crisis - "Dialogue is ongoing"

The crisis-stricken battery manufacturer Northvolt is considering applying for bankruptcy protection or bankruptcy, according to several media outlets citing sources. "The dialogue about future financing is ongoing," writes the company's press spokesperson Erik Zsiga to TT about the reports
More Expensive Electric Cars – but Unclear by How Much
Business News

More Expensive Electric Cars – but Unclear by How Much

Some fear a trade war with China when the EU introduces permanent tariffs on Chinese electric cars. How great an impact it will have on the European car market is difficult to say at present, says an analyst
Northvolt: "Tried to do too much at the same time"
Business News

Northvolt: "Tried to do too much at the same time"

Northvolt has invested in several new factories at the same time. It may have become too much to handle, according to Hampus Engellau, automotive analyst at Handelsbanken
Analyst: Overcapacity in the battery market
Business News

Analyst: Overcapacity in the battery market

An overcapacity in the battery market means that the competition has intensified. But the fact that Northvolt is scaling down right now does not mean that the company is out of the game, according to automotive analyst Hampus Engellau
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