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Northvolt sticks with Germany over the US for its new gigafactory - Vimarsana News

Northvolt sticks with Germany over the US for its new gigafactory

Northvolt is going forward with building its EV battery plant in Germany after the EU ups its subsidies game to compete with US incentives.

Europe set for two new gigafactories as it lures battery makers - Vimarsana News

Europe set for two new gigafactories as it lures battery makers

Both plants will start production in 2026, employ thousands of people and supply batteries to European car makers

Source: zawya.com
Europe set for two new gigafactories - Vimarsana News

Europe set for two new gigafactories

Two electric vehicle battery makers plan to spend around 10 billion euros ($11 billion) on factories in Europe, they said on Friday, after Europe loosened state aid rules for green industry projects in a bid to win the subsidy race with the US.

Northvolt to build multi-billion euro battery plant in Germany - Vimarsana News

Northvolt to build multi-billion euro battery plant in Germany

Sweden's Northvolt said on Friday it will invest several billion euros to build an electric vehicle battery plant in Germany, in a win for Europe after speculation that the company could divert... | May 12, 2023

Europe bags $11B gigafactories as it lures battery makers - Vimarsana News

Europe bags $11B gigafactories as it lures battery makers

Europe is set to get two major factories that will be built by two electric vehicle battery makers that said on Friday they plan to spend around 10 billion...