NIO’s 1,000,000th vehicle rolled off the production line at NIO Factory Two in Hefei, Anhui …
Read More »SunPower shuts plant, cuts jobs to survive solar slump
Bloomberg SunPower Corp. is following through with a planned restructuring effort that will reduce its workforce by 25 percent to cut costs after solar prices plunged in an oversupplied market. The second-biggest US panel-maker will cut 2,500 employees to reduce operating expenses next year to less than $350 million, San Jose, California-based company said in a statement. It’s closing a …
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