South Korean battery maker SK On said on Thursday it plans to introduce voluntary redundancy programmes aimed at cutting its workforce, as the company seeks to improve efficiency and remain competitive in a challenging electric vehicle market.

South Korean battery producer SK On Co. is offering employees voluntary measures meant to shrink its workforce, as the industry grapples with electric vehicle sales’ slowdown.

Sweden’s Northvolt is scaling back plans after years of rapid expansion and will enact major job cuts. Here’s what’s going on.

South Korean battery maker SK On plans to introduce voluntary measures aimed at reducing its workforce, as the company seeks to improve efficiency and remain competitive in a challenging electric vehicle market,

Sweden's cash-strapped electric car battery maker Northvolt said on Monday it would cut a quarter of its staff in the country, as it struggles