News
09 January 2024

Northvolt gets EU nod for $986m German aid to build EV battery plant

In:
Transport
Region:
Europe

Swedish lithium-ion battery producer Northvolt has secured EU approval for €902 million ($986.43 million) in German state aid to build an electric vehicle battery production plant in the north of Germany.The European Commission said the plant would accelerate the 27-country bloc's green...

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