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        <title><![CDATA[Sweden Herald - Novo Energy]]></title>
        <description><![CDATA[The latest Sweden Herald stories about Novo Energy, in English.]]></description>
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            <title><![CDATA[Volvo Cars subsidiary Novo Energy lays off all 75 staff]]></title>
            <description><![CDATA[Novo Energy, owned by Volvo Cars, is laying off 75 employees because it has not yet found a new partner for its battery factory in Gothenburg.]]></description>
            <link>https://swedenherald.com/article/volvo-cars-subsidiary-novo-energy-lays-off-all-75-staff</link>
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            <pubDate>Tue, 13 Jan 2026 09:26:07 GMT</pubDate>
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            <title><![CDATA[Novo Energy Cuts 50 Percent of Workforce at Volvo Battery Plant]]></title>
            <link>https://swedenherald.com/article/novo-energy-cuts-workforce-by-50-percent-at-volvo-cars-battery-plant</link>
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            <pubDate>Mon, 05 May 2025 11:25:22 GMT</pubDate>
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            <title><![CDATA[A Transitional Year for Volvo Cars Causes the Share to Plummet]]></title>
            <description><![CDATA[A record year that ended weakly. Now Volvo Cars is bracing for continued challenges on the car market in 2025 – and the stock plummeted on the stock exchange. It will be an intermediate year, says the company's finance chief Johan Ekdahl to TT in connection with the company's quarterly report.]]></description>
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            <pubDate>Thu, 06 Feb 2025 06:05:07 GMT</pubDate>
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            <title><![CDATA[Volvo buys out Northvolt from Novo Energy]]></title>
            <link>https://swedenherald.com/article/volvo-cars-acquires-battery-manufacturer-novo</link>
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            <pubDate>Wed, 29 Jan 2025 09:37:27 GMT</pubDate>
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            <title><![CDATA[Almost every third person is laid off at Novo Energy]]></title>
            <description><![CDATA[The battery manufacturer Novo Energy in Gothenburg – partly owned by crisis-stricken Northvolt and car manufacturer Volvo Cars – is laying off 120 employees. "A tough but necessary decision", says CEO Adrian Clarke according to a press release.]]></description>
            <link>https://swedenherald.com/article/almost-every-third-person-is-laid-off-at-novo-energy</link>
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            <pubDate>Mon, 20 Jan 2025 11:49:33 GMT</pubDate>
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            <title><![CDATA[Volvo Cars wants to buy out Northvolt – breach of contract]]></title>
            <description><![CDATA[Volvo Cars will exercise its right of redemption to oust crisis-stricken Northvolt from the jointly owned multi-billion project Novo Energy, according to the car manufacturer. This is because Northvolt has breached the shareholders' agreement.]]></description>
            <link>https://swedenherald.com/article/volvo-cars-takes-over-northvolt-shares</link>
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            <pubDate>Wed, 30 Oct 2024 08:16:32 GMT</pubDate>
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            <title><![CDATA[Volvo Cars: No Money to Northvolt]]></title>
            <description><![CDATA[The car manufacturer Volvo Cars does not intend to participate in the financing that could save the crisis-stricken battery manufacturer Northvolt from bankruptcy, reports the news agency Bloomberg. Absolutely not, says Volvo Cars' CEO Jim Rowan.]]></description>
            <link>https://swedenherald.com/article/volvo-cars-no-money-for-northvolt</link>
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            <pubDate>Wed, 23 Oct 2024 08:42:28 GMT</pubDate>
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            <title><![CDATA[Northvolt company seeks billion grant for factory]]></title>
            <link>https://swedenherald.com/article/northvolt-company-seeks-billion-grant-for-factory</link>
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            <pubDate>Sat, 14 Sep 2024 13:32:39 GMT</pubDate>
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