Volkswagen and Northvolt form EV battery joint venture

By Blagojce Krivevski Volkswagen AG and Northvolt AB have created a 50/50 joint venture to build a factory for lithium-ion batteries. Construction of the production facility is scheduled to start in Salzgitter (Lower Saxony) in 2020. Start of production is planned for the end of 2023/beginning of 2024. The initial annual output is to be 16 GWh. The […]The post Volkswagen and Northvolt form EV battery joint venture appeared first on Electric Cars Report.

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