21
Jun
13:25
BMW cancels $2 billion battery supply deal with Northvolt
German carmaker BMW Group says it has cancelled a €2 billion ($2.15 billion) order for battery cells with Swedish battery manufacturer Northvolt.
The companies signed a long-term supply contract in 2020. The duo said at the time that the battery cells would be produced from 2024 at Northvolt Ett gigafactory in Skellefteå, northern Sweden.
“Northvolt and the BMW Group have jointly decided to focus Northvolt’s activities on the goal of develo…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous