Northvolt considers building two battery plants in parallel - spokesperson

Swedish batterymaker Northvolt could build two battery plants in parallel, a spokesperson said on Friday, after fears in Europe that the company would put plans on the continent on hold in favour of investing in North America.

Confirming an earlier Bloomberg report, the spokesperson said nothing had been decided but it was possible two plants could be built up at once, without specifying the locations. The local council this week approved the draft development plan for one possible plant in Heide, Germany, the spokesperson said, clearing a major administrative hurdle for the project to go ahead.

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