Northvolt

German automaker Volkswagen invests $620 million in Northvolt to secure EV battery supply

German automaker Volkswagen invests $620 million in Northvolt to secure EV battery supply

German automobile manufacturer Volkswagen has invested additional $620 million in Northvolt, a Swedish battery manufacturer having specialization in electric vehicle (EV) lithium-ion technology, to secure adequate cell capacity for its EV push.

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