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Sweden

Volvo Cars to buy out Northvolt from jointly owned gigafactory in Sweden

Plans are further blow to Europe’s hopes of creating a homegrown electric car battery

By: The Guardian
  • Nov 04 2024
  • 43
  • 2878 Views
Volvo Cars to buy out Northvolt from jointly owned gigafactory in Sweden
Volvo Cars to buy out Northvol
Volvo Cars plans to buy out the struggling battery maker Northvolt from their jointly owned gigafactory in Sweden in another blow to Europe’s hopes of creating a homegrown electric car battery.
Novo Energy, a joint venture between Volvo and the Swedi... [3638 chars]

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