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European Battery Hopes Boosted by Northvolt Acquisition

Summary by wardsauto.com
A U.S. startup announces acquisition plans for the bankrupt Swedish company, as a way to win energy independence from Chinese battery supply chains.
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2 Articles

Northvolt, the Swedish battery manufacturer has just been bought by an American startup. What can be considered again for the emergence of a European champion against Asian competition? Many questions remain on hold.

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wardsauto.com broke the news in on Monday, August 11, 2025.
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