Volkswagen and Northvolt found European "battery union"

Northvolt, Volkswagen and several other players are forming a consortium aiming to establish a full European value chain for battery technology.
Photo: PR Northvolt
Photo: PR Northvolt

Swedish battery producer Northvolt appears poised for its major breakthrough. The company, supported by players such as Vattenfall, Vestas and Siemens, has founded a new consortium, the European Battery Union, along with Volkswagen, the German carmaker informs in a statement.

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