Volkswagen-backed Northvolt to develop wood-based batteries for EVs

https://www.cnbc.com/2022/07/22/volkswagen-backed-northvolt-to-develop-wood-based-batteries-for-evs-.html

"gigafactory, Northvolt Ett, commercial deliveries... $55 billion from businesses Volvo, BMW, and Volkswagen... lignin-based hard carbon would secure the strategic European supply of anode raw material and serve the sustainable battery needs for applications from mobility to stationary energy storage"

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