Volkswagen Group & Northvolt Jointly Invest 450 Million Euros For Battery Operations At Salzgitter

Volkswagen Group & Northvolt Jointly Invest 450 Million Euros For Battery Operations At Salzgitter

The battery cell production at the plant is scheduled to commence by early 2024 with an initial production capacity of 16 gigawatt-hours. Volkswagen and Northvolt formed a strategic alliance last year for making lithium-ion batteries on a larger scale in Germany. The joint venture seems to be getting a further momentum wherein Volkswagen will develop […]