A Swedish renewable-powered battery plant in northern Sweden receives another major investment

Northvolt Ett in Skellefteå aims to produce a quarter of Europe’s advanced batteries by 2030.

By Kevin McGwin October 1, 2020
3907

Billed as Europe’s first home-grown “gigafactory” for advanced rechargeable batteries, the planned Northvolt Ett facility in Skellefteå, Sweden, has received a $600 million investment from a group that includes Daniel Ek, the founder of Spotify, the online music service.

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