The Swedish manufacturer could push out the ramp-up timelines at its four major sites, chief executive officer Peter Carlsson said Tuesday.
Aside from its most advanced plant in northern Sweden, the company is developing a factory with Volvo Car AB near Gothenburg and a site in Heide, Germany.
It also committed to establishing a cell plant in Montreal.
Northvolt is examining its longterm strategy “both from a capital allocation point of view” as well as working out “realistic time plans for these projects between the customers,” Carlsson said.
This story is from the July 03, 2024 edition of Toronto Star.
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This story is from the July 03, 2024 edition of Toronto Star.
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