
Sweden’s Northvolt to build USD 5.2 bn battery factory in Canada, ET Auto
Northvolt will invest USD 3.2 billion of the total with the local and federal government each contributing USD 1 billion, Northvolt Co-Founder Paolo Cerruti told Reuters. Swedish lithium-ion battery producer Northvolt said on Thursday it would open a USD 5.2 billion gigafactory in Quebec, the largest ever investment in the Canadian province and the latest…