Northvolt CEO Peter Carlsson explains his company's investment in cranking up e-battery and battery cell production in Europe against the backdrop of increasing demand on the Continent.
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European firms will generate millions of new jobs as factories ramp up production of lithium-ion batteries needed for a new generation of electric vehicles, the EU has said.
Since Tesla announced the building of a Gigafactory near Berlin, construction has been accompanied by support and protests. Tesla's recent decision to make the plant even bigger has widened the rift among locals.
The eastern German state of Brandenburg is aiming to become a pivotal player in pushing e-mobility. Not only will it be home to Tesla's first European Gigafactory, BASF looks set to build a large cathode factory there.
While Germany is finally creating the necessary infrastructure for e-mobility, China has started putting the breaks on state subsidies for electric cars. The government has a clear plan, according to DW's Frank Sieren.
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