Transition

Germany supports BMW and VW-backed battery cell plans with $525m guarantee

The guarantee for Swedish company Northvolt is part of a strategy to make European companies less dependent of Asian battery and cell suppliers

Visualisation of Northvolt's battery cell factory
Visualisation of Northvolt's battery cell factoryFoto: Northvolt
  • Bernd Radowitz
TechnologyFinancial
Published 17 August 2020, 10:06Updated 17 August 2020, 14:06