Equinor, Panasonic, Hydro cancel battery plant

The three partners will not further pursue their plans for a battery factory in Norway, after all. Preliminary studies conclude that the European market is not attractive, they say.
Photo: PANASONIC
Photo: PANASONIC
by ANNE FILBERT, translated by jonas sahl hollænder

It sounded promising when Hydro, Equinor and Panasonic floated plans to establish a battery factory in Norway, which would supply the European market. An entire 82 entities had even declared their participation in the fight to have the plant and the accompanying 2,000 jobs in their local area.

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