COGNICURRENT

Jan 16 • 12:55 UTC • 🇵🇱 Poland • Rzeczpospolita

Volvo corrects strategy. Electric ambitions give way to market pressure

Volvo Cars has officially suspended all operations at Novo Energy, halting its plans to produce its own electric vehicle batteries due to financial challenges faced by partner Northvolt.

#volvo #electric vehicles #battery production #northvolt #sweden

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