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Sweden Today

Swedish news in English

Friday, September 20, 2024

Northvolt's China Dependency Raises Concerns

Published: 2024-09-04

Northvolt, a major player in the battery manufacturing industry, is facing challenges in its quest to reduce dependency on China.

Despite its initial goal to establish independence from Chinese resources, Northvolt has resorted to importing ready-made materials from China for its Skellefteå factory.

This decision, first reported by Norran, bypasses a critical manufacturing step and raises concerns about increased climate impact.

Experts warn that the environmental footprint of the batteries could be larger due to this reliance on Chinese imports.

Additionally, Northvolt's collaboration with Wuxi Lead Intelligent Equipment, a company with close ties to the Chinese Communist Party, highlights the complexities of the green energy transition and the intertwined global supply chains.