Biden’s IRA plan pushes battery-maker Northvolt to plan new factory in Canada

Peter Carlsson, chief executive officer of Northvolt AB, speaks during a news conference in Montreal, Quebec, Canada, on Thursday, Sept. 28. 2023. Bloomberg | Bloomberg | Getty Images The U.S. Inflation Reduction Act has driven Swedish battery maker Northvolt to announce for a factory in Canada earlier than originally expected, in a concrete example of how Biden’s policy … Read more