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Volkswagen invests €900 million in Northvolt

Volkswagen AG is investing some €900 million in joint battery activities with Northvolt AB. Part of the sum is intended for a joint venture with the Swedish battery cell producer, a further share will go directly to Northvolt AB. In return, Volkswagen will acquire about 20 percent of the shares in Northvolt AB and will […]The post Volkswagen invests €900 million in Northvolt appeared first on Electric Cars Report.