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Tesla ex-exec's firm Northvolt gets $14 bn order from Volkswagen
short by Aishwarya Awasthi / on Monday, 15 March, 2021
Swedish lithium-ion battery maker Northvolt said it has received a battery cell order worth more than $14 billion over the next 10 years from Germany's Volkswagen. Northvolt added it will sell its share in joint-venture Northvolt Zwei to Volkswagen. Co-founded by former Tesla executive Peter Carlsson, Northvolt earlier bought US startup Cuberg for an undisclosed amount.
read more at Reuters