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Northvolt Starts Battery Plant Work in Win for Europe’s Industry

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Northvolt AB is starting construction of a €5 billion ($5.4 billion) battery plant in northern Germany to supply electric cars, capping an intense lobbying effort under newly relaxed European Union state aid rules.

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China’s Xi Touts Industry Policy in Visit to Battery Materials FirmPresident Xi Jinping visited a battery materials company in the southern Chinese city of Changsha as he seeks to promote a new industrial policy to boost growth in the world’s second-largest economy.
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