Swedish car and battery giants to build new gigafactory to supply Volvo and Polestar
Automaker Volvo Cars and battery company Northvolt partner to build new battery manufacturing plant in Gothenburg.
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Joshua S. Hill is a Melbourne-based journalist who has been writing about climate change, clean technology, and electric vehicles for over 15 years. He has been reporting on electric vehicles and clean technologies for Renew Economy and The Driven since 2012. His preferred mode of transport is his feet.
Volvo and Northvolt plan 50GWh gigafactory in EV battery joint venture
The two companies join forces to develop and produce more sustainable batteries, tailored to power the next generation of pure electric Volvo and Polestar vehicles.
Battery developer Northvolt raises $US1.6 billion for two new gigafactories
Swedish battery maker Northvolt announces $US1.6 billion round of debt financing intended to support development of two li-ion battery gigafactories.