Automakers Are Doubling Down On Battery Production

[forex4you]

Automakers Are Doubling Down On Battery Production

Several automakers are planning for giant electric vehicle (EV) battery factories as they expect sales to soar as governments curb the sale of petrol and diesel cars. Meanwhile, other companies are already thinking about how to recycle and reuse their batteries as their first life cycle comes to an end.  Northvolt has announced backing from VW and Goldman Sachs to build a huge new battery plant in northern Germany to supply Europe with lithium-ion batteries. It hopes to produce its first batteries by 2025, with the aim of achieving 60-gigawatt...

Source: Automakers Are Doubling Down On Battery Production

forex.wine