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Cars Volvo Published by J. Doe

Volvo Car Group and Northvolt to join forces in battery development and production

Volvo Car Group intends to establish a joint venture with leading Swedish battery company Northvolt to develop and produce more sustainable batteries, tailored to power the next generation of pure electric Volvo and Polestar cars.

As a first step for the 50/50 joint venture, Volvo Car Group and Northvolt aim to set up a research and development centre in Sweden that will begin operations in 2022.

Original article

Jun 21, 2021 at 23:23

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