Exclusive-Northvolt plots EV battery grab with $750 million Swedish lab plan - NewsBreak
By Austine in Business
Updated 3 years ago
STOCKHOLM (Reuters) – Northvolt plans to invest $750 million expanding its laboratory facility in Sweden, a top executive said, to meet soaring demand for lithium-ion batteries as carmakers go electric. As it aims to take on major Asian players such as CATL and LG Chem, Northvolt said it would set...