The Swedish company Northvolt plans to manufacture battery cells for electric cars in a factory in Heide Germany from 2026.
The 4.5 billion euro investment is expected to create 3,000 jobs. The company has already invested around 100 million euros of its own funds in the construction project in Heide.
https://www.reuters.com/business/autos-transportation/northvolt-gains-eu-nod-986-mln-german-aid-build-ev-battery-plant-2024-01-08/
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