BatteriesVolvo Cars wants to completely take over the battery cell joint venture Novo Energy, which is operated together with Northvolt. The reason is that Northvolt has failed to fulfil its financial obligations.Read more
ExpansionSwedish battery manufacturer Northvolt has successfully secured a 4,6 billion debt financing round aimed at bolstering its production capabilities and accelerating its growth.Read more
To prevent the factory is build in the USSwedish lithium-ion battery producer Northvolt secured EU approval for 902-million-euro in German state aid to build an electric vehicle battery production plant in the north of Germany.Read more
InnovationSwedish battery maker Northvolt has developed its first sodium-ion battery, a technology that could cut reliance on scarce raw materials like cobalt and lay the foundation for the company’s next generation of electric-car batteries.Read more