Battery maker Northvolt AB told employees at a subsidiary in San Francisco to reapply for jobs within the group after deciding to move its R&D efforts from California to Sweden.
The factory floor at the Scania CV AB battery assembly plant in Sodertalje, Sweden, on Tuesday, June 4, 2024. -- Battery maker Northvolt AB told employees at a subsidiary in San Francisco to reapply for jobs within the group after deciding to move its R&D efforts from California to Sweden.
Cuberg founder and former CEO Richard Wang described the development as “a sad day for me, the entire Cuberg family that I have known for the last nine years, and the battery industry at large.” Writing in a post on LinkedIn he added, “Northvolt has officially announced that it is closing down all of Cuberg’s operations and centralizing its R&D efforts in Sweden.”
“There are now roughly 200 of the most respected and capable engineers and managers in the battery industry looking for new opportunities,” Wang said in the social media post.
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