Yesterday, Northvolt, the Swedish li-ion EV battery startup, produced its first battery cell. Backed by BMW, Baillie Gifford, Goldman Sachs, VW and Tesla, Northvolt’s ambition is to redress the imbalance of EV battery  production between Europe and Asia. Northvolt says it has already got orders worth $30 billion from VW, BMW, Polestar and Volvo. Northvolt’s ...

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