European lithium-ion battery market

Panasonic, Equinor and Hydro to explore potential for European battery business

November 18, 2020
The FINANCIAL — Leading technology company Panasonic, energy company Equinor and industrial group Hydro have signed a Memorandum of Understanding (MoU) to form a strategic partnership to explore possibilities for establishing a sustainable and cost-competitive European battery business. The companies will work together towards summer 2021 to assess the market for lithium-ion batteries in Europe and mature the business case

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