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Northvolt: CATL may bail out the ailing battery manufacturer

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Published: December 2nd, 2024,
Last updated: May 28th, 2025

As the Swedish daily newspaper Dagens Nyheter reports, the ailing battery manufacturer Northvolt is reportedly in talks with Chinese companies about a possible partnership, including the world’s largest manufacturer of EV batteries, Contemporary Amperex Technology (CATL). The Chinese manufacturer holds a market share of almost 40 percent of their global sales.

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