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Northvolt Gets Billions From Canada to Build Quebec EV Battery Plant

(Bloomberg) Sweden’s Northvolt AB said clean power and access to critical raw materials alongside generous subsidies swayed its decision to pick a site close to Montreal for its first electric vehicle battery plant in North America. Most Read from BloombergElon Musk Wins US Space Force Contract for StarshieldPakistan Rupee Set to Become Top Performing Currency Globally China Puts Evergrande’s Billionaire Founder Under Police Control‘Fortnite’ Maker Epic Games Is Cutting About 16% of StaffEver ....

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Sweden's Northvolt to build USD 5.2 bn battery factory in Canada, ET Auto

The first phase will provide 30 gigawatt hours (GWh) of production capacity, before eventually expanding to 60 GWh with investments approaching USD 9 billion, said Cerruti, who will lead the project as CEO of Northvolt North America. ....

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Evening Update: Quebec pledges close to $3-billion for Northvolt EV battery plant

Also in the news today, Premier Scott Moe says Saskatchewan to use notwithstanding clause over school pronoun policy ....

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Swedish lithium-ion battery maker Northvolt picks Quebec for its new gigafactory

Swedish lithium-ion battery maker Northvolt picks Quebec for its new gigafactory
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Sweden's Northvolt picks Quebec for new multibillion-dollar EV battery factory

Quebec has been pushing hard to make the province a hub for EV battery development ....

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