Northvolt’s battery plant in Canada may be delayed by up to 18 months

News
Corporate developments

The reassessment of the gigafactory project in Canada comes at a time when global demand for EVs have slowed down

Swedish battery-maker Northvolt AB may delay the construction of its planned $7 billion electric vehicle battery plant in Canada as the company now plans to conduct a strategic review of the project, according to a news report published by CBC on Sept. 1.

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