Northvolt Aims for the Greenest Batteries in the World
Nortvolt, a Swedish company founded by two former TESLA employees recently secured $1,6 billion to finance the construction of two Gigafactories, battery manufacturing plants. The locations for Northvolt One is Skellefteå, Sweden, and Northvolt Two in Salzgitter, Germany. A consortium of companies, financial institutions, and governments, including Volkswagen, BMW, UniCredit Bank Austria, and the German…