BMW nixes Northvolt battery deal

BMW Vision Neue Klasse X conceptBMW cancels deal with Swedish EV battery supplier worth $2 billion Northvolt, based in Sweden, still has deals with Volvo and Volkswagen Group BMW has shifted to more energy-dense cylindrical battery cells BMW has canceled a contract worth roughly $2 billion for EV battery cells from Swedish firm Northvolt, Reuters reported Thursday. German media...