[International News] Sweden’s Northvolt filed for bankruptcy; car companies urged Trump to retain electric vehicle tax credits; Nissan is rumored to cut or move about 1000 jobs in Thailand

Focusing on traditional car companies, it is rumored that Nissan will cut or transfer about 1,000 jobs in Thailand.

Two people familiar with the matter revealed that as Nissan Motor is reducing car production in Southeast Asia, the company will cut or transfer about 1,000 jobs in Thailand.

This is also part of its recently announced global layoff plan.

About 1000 Nissan U.S. employees accept early retirement plans, and Nissan Motor said that as part of its recently announced global layoffs, about 1000 of its U.S. employees will accept early retirement plans by the end of this year.

Documents show that as of March, Nissan had approximately 17,000 employees in the United States.

Scania will provide a US$100 million loan to Northvolt.

On November 21, Swedish truck manufacturer Scania said it would provide a US$100 million loan to Northvolt as part of the troubled Swedish battery maker’s U.S. Chapter 11 bankruptcy protection agreement.

Focusing on the supply chain, Northvolt of Sweden filed for bankruptcy.

On November 21, Northvolt, a Swedish electric vehicle battery manufacturer, said it had filed for bankruptcy protection in the United States.

Northvolt said it had only enough cash to maintain operations for about a week and said it had secured $100 million in new financing to fund bankruptcy proceedings.

The company said it would continue to operate normally during the bankruptcy period.

Ford withdrew from the Canadian battery materials joint venture factory project.

In August 2023, Ford, EcoPro BM and SK On announced that they would build a battery materials factory in Becancourt.

On November 19, Ford Canada spokesperson Said Deep said,”After assessing changes in electric vehicle technology, costs and business needs, we decided not to join the joint venture as a shareholder.

” Focusing on industrial and economic policies, auto companies are urging Trump to retain electric vehicle tax credits, and the Alliance for Automotive Innovation, an organization representing major automakers such as General Motors, Toyota and Volkswagen, is urging President-elect Donald Trump to retain key tax credits for electric vehicles and take steps to accelerate the deployment of autonomous vehicles.

Return to the first electric network home page>,.

Link to this article: https://evcnd.com/international-news-swedens-northvolt-filed-for-bankruptcy-car-companies-urged-trump-to-retain-electric-vehicle-tax-credits-nissan-is-rumored-to-cut-or-move-about-1000-jobs-in-thailand/

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