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Friday, September 29, 2023

Biden policy led Northvolt to Canada for $5.2B EV battery plant

Rendering of Northvolt Six battery factory in Quebec, CanadaSwedish battery firm Northvolt on Thursday said it would build a $5.2 billion (USD) EV battery factory in Canada's Quebec province—its first outside of Europe. Known as Northvolt Six, the factory will be located just outside Montreal, according to a company press release. The first phase of construction is scheduled to start this year, with...

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