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European battery makers power up for a green recovery

Northvolt Sweden
Construction at Northvolt's factory in Sweden, which is due to open next year. The company is targeting 25 percent of Europe’s battery market within a decade. (Reuters)
R
By:
Reuters
August 13, 2020 10:49 AM

European battery makers are gearing up to take advantage of massive "green" stimulus packages unveiled since the coronavirus pandemic though many acknowledge it will be tough to match the Asian giants that dominate the mainstream market.

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