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What does Northvolt’s bankruptcy in Sweden mean for its $7B EV battery plant in Quebec?



An aerial view of the land being developed by Northvolt, the new EV battery plant being built in Saint-Basile-le-Grand, Que.

It’s unclear whether the plans for the massive electric vehicle battery plant on Montreal’s South Shore will go ahead. The Quebec government has invested $270 million into the project so far.



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