Volvo-Northvolt joint venture battery plant due in 2025, could supply for 500,000 EVs annually

Artist's impression of Volvo and Northvolt battery plant planned for Gothenburg, SwedenVolvo and Swedish battery firm Northvolt on Friday announced a new battery plant, near the automaker's main assembly plant in Gothenburg, Sweden. Scheduled to open in 2025, the joint-venture plant will have a "potential" annual battery cell production capacity of up to 50 gigawatt-hours, which would be enough for 500,000 EVs annually, Volvo said...