Volvo Car Group and Northvolt to set up JV, plan gigafactory in Europe
JV will develop and produce more sustainable batteries for next-gen pure electric Volvo and Polestar cars; gigafactory...
JV will develop and produce more sustainable batteries for next-gen pure electric Volvo and Polestar cars; gigafactory...
Takes its total investment in its Swedish battery partner to 1,400 million euros; funds are to be used for capacity ex...
Start of production is planned for the end of 2023/beginning of 2024; iInitial annual output to be 16 GWh
The three firms are laying the basis for a sustainable value chain for automotive battery cells in Europe, from develo...