Automakers

Northvolt's $20B battery plan suffers summer of setbacks

Northvolt logo on jacket Arc 24
(BLOOMBERG)
B
By:
Bloomberg
August 21, 2024 07:47 AM

Northvolt’s ambition to be Europe’s global battery company has attracted about $20 billion in investment and public grants. It’s a challenging goal, as a summer of operational and financial setbacks have shown.

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