Northvolt says Quebec EV battery plant project will continue ‘as planned’ – Montreal

[Pelican Press 0]

This is the hidden content, please

• Sign In
• or
• Sign Up

Northvolt says Quebec EV battery plant project will continue ‘as planned’ – Montreal

By Staff

The ********* Press

Posted July 2, 2024 4:52 pm

Updated July 2, 2024 4:53 pm

1 min read

Descrease article font size

Increase article font size

Northvolt says it will continue construction of a $7-billion factory on Montreal’s South Shore “as planned” — hours after its CEO said the Swedish battery manufacturer would hit the brakes on its international development plan to refocus on its plant back home.

The company has two massive plants in the works — one in Canada and the other in Germany — and has fallen behind on the building schedule of its mega-factory in the Scandinavian country.

The email you need for the day’s
top news stories from Canada and around the world.

Northvolt spokesman Laurent Therrien says it is carrying out a strategic review that will determine timelines for its various projects.

He says it is “undeniable” that the company faces pressure from customers to deliver on its order book.

Trending Now

WestJet says to expect more disruptions despite strike’s end

Hurricane Beryl strengthens to Category 5 storm after ******** 2 in Caribbean

Nonetheless, the nine-year-old outfit says that “at this time” it still aims to play a key role in the global energy transition by generating electric batteries in Quebec.

Story continues below advertisement

As of last month, the plant was supposed to begin manufacturing electric battery cells and producing cathode active material by 2026.

&copy 2024 The ********* Press

This is the hidden content, please

• Sign In
• or
• Sign Up

Northvolt, Ev Batteries, northvolt quebec, Consumer, Environment, World
#Northvolt #Quebec #battery #plant #project #continue #planned #Montreal

This is the hidden content, please

• Sign In
• or
• Sign Up

This is the hidden content, please

• Sign In
• or
• Sign Up