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$4 Billion Battery Manufacturing Facility

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2 former Tesla executives,
. . . are planning to construct a large lithium-ion battery manufacturing facility,
. . . in Scandinavia.

“If nobody does anything,
. . . Europe is going to be completely dependent on an Asian supply chain,”
. . . Carlsson told the Financial Times,
. . . adding that “it’s now or never.”

“We are not competing with Tesla,
. . . because they are not going to sell batteries,
. . . but we do share a very strong vision,
. . . which is that it is hugely important to accelerate our society,
. . . away from its addiction to fossil fuels."

3-20-2017 Source:  $4 Billion Battery Manufacturing Facility


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