EXCLUSIVE Northvolt plots EV battery grab with $750 mln Swedish lab plan - NewsBreak

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By Shannon in Business
Updated 2 years ago

STOCKHOLM, Oct 7 (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 (300750.SZ) and LG Chem (051910.KS), Northvolt...

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