A symbolic start was made in north-western Germany on Monday on constructing a multibillion euro plant making battery cells for electric cars after state funding and local permits were approved. Swedish company Northvolt plans to invest €4.5 billion ($4.9 billion) in the plant near Heide in the northern state of Schleswig-Holstein. Once completed, the project […]
FRANKFURT (Reuters) – Germany is and will remain a strong industrial location, Chancellor Olaf Scholz said on Monday as he formally opened construction at Northvolt’s battery cell factory in Heide, in the northern state of Schleswig-Holstein. The Swedish battery developer and manufacturer will produce climate-friendly battery cells for 1 million cars a year at the […]