could this be the reason for wr1 and pmt's steep fall in the past week or so? Insiders probably already knew Northvolt's ultimate decisions whilst pleb arent told yet so they can sell down and exit. Just sickening..

Northvolt Gigafactory in Canada Gets Delayed

According to the Quebec provincial government, the construction of Northvoltʼs planned battery cell factory in Canada could be delayed by up to 18 months due to the ongoing review of the companyʼs expansion plans. Northvolt originally intended to start production at the factory in 2026. In early July 2024, the company revealed that it was reassessing its plans but remains committed to building the gigafactory in Canada.

New schedule until early fall

Northvolt claims that the strategic review could only lead to a revised timeline, with final results expected for the early fall of 2024. In the meantime, planning and site preparation are continuing. Quebec’s Minister of Economy, Pierre Fitzgibbon, said he expects a delay of twelve to 18 months.