Northvolt has won an order worth more than $14 billion over 10 years from Volkswagen, which increases its stake in the Swedish lithium-ion battery maker. Northvolt will sell its share in joint-venture Northvolt Zwei in Salzgitter to the world’s No. 2 carmaker, which becomes the German gigafactory’s single owner. Volkswagen entered into a partnership with … [Read more...]
