Volkswagen invests €900m in Swedish battery maker

Volkswagen AG has announced a €900 million ($1.467 billion) investment into an electric vehicle battery joint venture with Swedish firm Northvolt AB. According to VW, part of the above sum “is intended for a joint venture” with the battery producer, while a further portion of the investment will go directly to Northvolt in return for…
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17th June 2019 0