Tag: SAAR –

Second Major Setback for Saarland Industry: SVolt Europe Lays Off All Employees

Nov 1, 2024

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by

Fatima Gulzar

in test europe

SVolt Europe has announced the termination of all its employees, effective January 31, 2025, marking a severe setback for the Saarland economy. This decision follows Wolfspeed’s recent announcement to halt plans for a chip factory in the region. SVolt had previously also abandoned plans for a new battery factory in Überherrn, citing difficult market conditions…