Volvo is partnering with fellow Swedish firm Northvolt on battery production. The two companies are launching a 50/50 joint venture that aims to start making batteries at a massive new factory in 2026. The joint venture will start with a Swedish research and development center, scheduled to open in 2022, according to a Volvo press release. That... Volvo-Northvolt battery factory will make cells for electric XC60 SUV
Volvo is partnering with fellow Swedish firm Northvolt on battery production. The two companies are launching a 50/50 joint venture that aims to start making batteries at a massive new factory in 2026. The joint venture will start with a Swedish research and development center, scheduled to open in 2022, according to a Volvo press release. That...