Bad summer for Northvolt
In mid-June, Northvolt announced that it was scrapping plans to build a battery factory in Borlänge in Dalarna, on Stora Enso’s closed paper mill Kvarnsveden industrial area. Great disappointment in Borlänge. Northvolt explained that it had to focus on getting production and profitability in order in the started business, expansion will have to wait.
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