Northvolt AB may slow its battery projects, the latest in a line of industry reassessments after the transition to electric cars cooled. The Swedish...
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Swedish battery maker Northvolt, one of Europe’s pioneers in that field, is forced to gear down in its ambitions to build several gigafactories in Europe and Canada. Founder and CEO Peter Carlsson told Swedish media, “We’ve been a little too aggressive in our expansion plans and need to reassess the next steps.” That includes postponing the building of Northvolt Drei in Schleswig-Holstein, in northern Germany, and the Canadian factory in Montreal. Continue reading at newmobility.news.
Northvolt AB may slow its battery projects, the latest in a line of industry reassessments after the transition to electric cars cooled. The Swedish...
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