Northvolt forced to gear down in its expansion ambitions
July 04, 2024
Swedish battery maker Northvolt, one of Europe’s pioneers in that field, is forced to gear down in its ambitions to build several gigafactories in Europe and Canada. Founder and CEO Peter Carlsson told Swedish media, “We’ve been a little too aggressive in our expansion plans and need to reassess the next steps.” That includes postponing […]