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A New Silicon Valley Emerges At The Arctic Circle
Dozens of Swedish startups are working on clean-energy mobility, creating what some call “Sustainability Valley.”
12 Oct 2022, 03:32 PM IST
(Bloomberg Businessweek) -- Just below the Arctic Circle, a vast factory owned by Northvolt AB churns out electric-vehicle batteries for Europe’s biggest automakers. On Sweden’s west coast, four-year-old Heart Aerospace AB is building an electric plane ordered by United Airlines and Air Canada. And in Stockholm, startup X Shore AB has developed a $99,000 battery-powered vessel it says heralds a “Tesla moment” for leis...
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