Volvo Cars, Northvolt to open R&D center as part of $3.3B investment in battery development and manufacturing; finalized JV
11 December 2021
Volvo Cars and Northvolt will open a joint research and development (R&D) center in Gothenburg as part of a SEK 30 billion (US$3.3 billion) investment in battery development and manufacturing. The R&D center, which will become operational in 2022, will create a few hundred jobs in Gothenburg and positions Volvo... Read more →