[Swedish battery maker Northvolt plans to halt production and sell its business] Recently, Swedish battery manufacturer Northvolt, known as the "CATL of Europe", stated that it would suspend the production of cathode active material (CAM) at its super factory in Sweden and instead source from Chinese or South Korean companies. Meanwhile, it will seek buyers or partners for its battery system business in Poland. Moreover, Northvolt announced that it would postpone the construction plans of three battery super factories, which are a joint venture production base with Volvo Cars in Sweden and wholly-owned factories in Germany and Canada.