Nov 01, 2020 · Sten Engström. Senior Investment Advisor Stockholm Email. In 2016, Tesla alum Peter Carlsson announced plans to build Northvolt, a EUR 3.8 billion electric battery factory, in his home country of Sweden. The factory will rival his ex-colleague, Tesla founder Elon Musk’s, “gigafactory” in Nevada, Texas, where production began in January 2017.
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