BMW has cancelled a billion-euro order with Northvolt
"When@northvolt boss Peter Carlsson (53) calls, even top politicians jump at the chance. In March, Federal Chancellor @OlafScholz (66; SPD) and Economics Minister Robert@HabeckPress
(54; Greens) travelled to a field in northern Germany for the ground-breaking ceremony for the battery factory in Heide
Northvolt is the great hope of Europe's car industry; the Swedes are to supply the sector with battery cells. A feel-good story in difficult times? It would be nice. Doubts mingle with the euphoria. BMW, a Northvolt shareholder, is not convinced of the battery quality - and sends Carlsson and his crew into their first crisis. Michael Freitag and@MargretHucko report."
https://x.com/electricfelix/status/1803680254717817105
Northvolt AB is a Swedish battery developer and manufacturer, specialising in lithium-ion technology for electric vehicles. Founded in 2015 by two former Tesla executives, it commissioned its first manufacturing plant in Skellefteå, Sweden in 2021 and has announced plans for five others in Europe and North America.
...a great setback for Europe's EV battery hope!
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