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Wood-based batteries? Northvolt is working to develop this sustainable material technology

Wood batteries

Swedish battery manufacturer Northvolt is exploring the possibility of developing batteries that utilize carbon contained in locally sourced wood, to help lower their environmental impact and cost. Together with Finnish forestry company Stora Enso, Northvolt looks to scale this wood battery anode technology.

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Largest EU battery recycling plant comes online – enough for all of Norway’s batteries

hydrovolt battery recycling plant

Hydrovolt, the largest battery recycling plant in Europe, has started operations in Fredrikstad, Norway.

The plant is a joint venture between two Norwegian companies – Hydro, one of the world’s largest aluminum companies, and Northvolt, a battery producer building battery factories in Sweden and Germany.

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Volvo and Northvolt poach Tesla’s head of Gigafactory Berlin to lead new 50 GWh battery factory in Sweden

Volvo and Northvolt announced plans today to build their previously announced battery gigafactory in Gothenburg, Sweden and hired a Tesla executive to lead the new plant.

It will have an annual capacity of up to 50 GWh to support the production of 500,000 electric cars per year, with operations aimed to start by 2025.

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ABB jumps on board to build biggest battery factory in Europe planned by former Tesla execs

Earlier this year, we reported on Northvolt, a startup founded by Tesla’s former Vice President of Supply Chain Management, Peter Carlsson, and another former Tesla supply chain executive, Paolo Cerruti, to build their own battery gigafactory in Europe.

After launching their fundraising effort to finance the factory last month, they are now bringing on board an important partner, ABB, a giant Swiss company developing electrification products and industrial automation systems.

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Former Tesla execs launch funding effort for their own battery gigafactory in Europe

Earlier this year, we reported on Tesla’s former Vice President of Supply Chain Management, Peter Carlsson, launching a new startup called Northvolt with another former Tesla supply chain executive, Paolo Cerruti, to build their own battery gigafactory.

They are now reportedly about to close their first major round of financing to bring the factory into reality.

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