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After Being Purchased, Northvolt Could Run Out of a Major Electric Car Battery Factory - Hybrids and Electrics
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The Quebec government has decided to put an end to its venture with Northvolt, the Swedish battery manufacturer who declared himself insolvent this same year and who is now trying to restructure its operations under the tutelage of the American Lyten. The Canadian province announced that it will not provide any more funds for the cell plant planned in Saint-Basile-le-Grand and McMasterville, known as Northvolt Six, and that it will initiate lega…
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