'Homegrown' Swedish battery startup admits importing vital components

Northvolt, which claims to run Europe's first homegrown gigafactory, admits it depends on Chinese suppliers for cathode active materialThe Swedish startup Northvolt has admitted that a vital component of its batteries is imported amid claims that the company, which claims to run Europe's first homegrown gigafactory, depends on Chinese suppliers.It comes as a documentary programme to be shown in Sweden on Wednesday by the national broadcaster SVT, exposes the company's failure to build a truly homegrown battery after its attempts to produce its own cathode active material at its Northvolt Ett factory in Skellefte?, northern Sweden, were unsuccessful. Continue reading...