Northvolt loses a contract worth nearly $3G from BMW, but is reassuring for its project in Quebec

Northvolt loses a contract worth nearly $3G from BMW, but is reassuring for its project in Quebec
Northvolt loses a contract worth nearly $3G from BMW, but is reassuring for its project in Quebec

Even if BMW cancels a nearly $3 billion contract with Northvolt due to battery delivery delays, the Swedish giant assures that its $7 billion Quebec project will come off the ground as planned.

“This decision has no impact on the Northvolt Six project in Quebec and construction of the campus continues. Northvolt is the largest Western cell manufacturer,” assured Newspaper his spokesperson Laurent Therrien.

The news, reported by German media, does not shake the battery manufacturer, which says it wants to stay the course.

In a statement, Northvolt says it still has the support of BMW and plans to continue working on batteries with them. BMW did not respond to questions from Newspaper at the time of writing these lines.

“Our order book is more than 50 billion Canadian dollars and we remain fully committed to completing our projects on time,” insists Northvolt.

At the end of May, The newspaper reported the words of the CEO of Northvolt who wants to build his battery empire as quickly as possible and at the lowest cost, if we rely on an unfiltered interview given to Nicolai Tangen.



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Fatal accidents

As safety issues at Northvolt factories resurface in European and Quebec media reports, the manufacturer says it has “taken a series of corrective measures.”

“The first accident involved a Northvolt employee who was carrying out a routine procedure in one of our facilities,” recalls Emmanuelle Rouillard-Moreau.

“The second accident involved a construction worker hired by one of our suppliers to build a temporary tent outside Northvolt’s production facilities,” she concludes.

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