Automakers

Volvo, Northvolt close $3.3B battery supply deal

Volvo C40 being recharged
December 10, 2021 06:00 AM

Volvo Cars and Northvolt have closed a 30 billion-crown ($3.3-billion) deal that the automaker said secures its supply of sustainable, state-of-the-art battery cells for its next-generation full-electric cars.

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