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The battle for the battery
The battle for the battery production is ongoing. Will companies like Northvolt be strong enough to survive the struggle with the Asian giants? /Northvolt
According to the Swiss bank UBS, the expected battery cost will drop under the ‘magic’ barrier of $100 per kWh by 2022. This will trigger a faster switch to electric vehicles than previously expected. Undoubtedly it will also cause a relentless fight for the production of the heart of an electric car, the battery. Matthias
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