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By Shane Lasley
Metal Tech News 

VW places $14B Northvolt battery order

European companies strengthen green e-mobility partnership Metal Tech News – March 17, 2021

 

Last updated 7/10/2022 at 3:09pm

Northvolt Volkswagen Group ID.4 lithium-ion battery green e-mobility partnership

Volkswagen Group

ID.4, Volkswagen's first fully electric SUV, is among 75 electric models the German automaker plans to introduce by 2029.

As part of a strategy to significantly lower the cost, improve the performance, and minimize the environmental footprint of batteries going into its expanding line-up of electric vehicles in Europe, Volkswagen Group has placed a US$14 billion order with Sweden-based Northvolt.

This massive deal between the European e-mobility partners announced on the eve of Volkswagen Power Day, a March 15 eve...



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