A partnership has been launched to develop wood-based batteries

The firm has developed battery technology based on a liquid electrolyte

The Polish 50,000 square-metre factory will start production next year

Northvolt aims to use 50% recycled materials in all its new battery cells by 2030

A 50/50 joint venture will see the companies build a 16GWh battery gigafactory in Germany

Northvolt’s giant facility will produce 32GWh worth of battery capacity annually once completed

Northvolt will become the German engineering firm’s preferred supplier for lithium-ion batteries once the facility is up and running

Plans to build what Europe’s biggest battery plant in Sweden has received financial backing from an EU bank. The European Investment Bank (EIB) has approved a loan of up to €52.5 million (£46.7m) for Northvolt’s factory in Vasteras for the manufacturing of lithium-ion batteries. Two former Tesla executives unveiled the plan for the $4 billion […]

Two former Tesla executives plan to build a $4 billion (£3.3bn) battery facility in Sweden. Peter Carlsson, CEO of Northvolt, who previously managed Tesla’s supply chain and COO Paolo Cerruti, also an ex-Tesla executive, plan to begin construction during the second half of 2018. They are looking to rival the scale of Tesla’s Gigafactory in […]