Northvolt, Volvo to set up sustainable gigafactory in Europe
Published: Wednesday, 23 June 2021
Swedish battery maker Northvolt and automotive manufacturer Volvo Car Group plan to set up a gigafactory in Europe for the development of sustainable batteries to power the next generation of Volvo’s electric fleet, they said on Monday June 21.
The companies will create a 50/50 joint venture to initially
establish a research and development center in Sweden in
2022 for the development...