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VW places $14B Northvolt battery order

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

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 event...


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