That would have been an actually smart thing to buy for Volkswagen or another European car maker. Volkswagen used to own 23.6% of Northvolt, so they should know the business.
VW has their own rapidly maturing battery cell production, so I suspect they just decided they didn’t need to buy Northvolt. They probably already got all the IP they needed anyways.
That would have been an actually smart thing to buy for Volkswagen or another European car maker. Volkswagen used to own 23.6% of Northvolt, so they should know the business.
VW has their own rapidly maturing battery cell production, so I suspect they just decided they didn’t need to buy Northvolt. They probably already got all the IP they needed anyways.
Makes me think they sold out because they knew the business wasn’t sustainable.