German minister 'cautiously optimistic' about battery firm Northvolt

NAMPA / DPA

2024-11-23

Berlin (dpa) - German Economy Minister Robert Habeck expressed cautious optimism about the future of financially troubled Swedish electric vehicle battery manufacturer Northvolt, which had planned to build a major new factory in northern Germany. Northvolt filed for bankruptcy on Thursday in the United states. "Of course Northvolt has problems," Habeck told dpa. He said the primary issue for Northvolt is currently that not enough batteries are be......

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