Northvolt AB, a newly-founded Swedish company is raising funds to build a massive battery manufacturing complex.
The factory, which is planned to manufacture lithium-ion batteries, will be on a large enough scale to rival the gigantic ‘Gigafactory’ being operated by Tesla in the US. Similar to the Gigafactory, Northvolt’s proposed battery manufacturing plant will take advantage of massive economies of scale in order to cheaply produce batteries. Further cementing this link…
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