Wood-based batteries? Northvolt is working to develop this sustainable material technology
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.
Expand Expanding CloseLargest EU battery recycling plant comes online – enough for all of Norway’s batteries
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.
Expand Expanding CloseNorthvolt announces new battery gigafactory coming to Germany
Battery manufacturing startup Northvolt announced today a new battery cell gigafactory coming to Germany.
It’s the firm’s third large-scale battery factory.
Expand Expanding CloseVolvo 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.
Expand Expanding CloseNorthvolt announces start of battery cell production at its gigafactory in Sweden
Northvolt becomes the first homegrown European battery company to achieve battery cell production in Europe with the first cells being assembled at its “Northvolt Ett” gigafactory in northern Sweden.
Expand Expanding CloseNorthvolt claims first battery cell produced from ‘100% recycled nickel, manganese, and cobalt’
Northvolt announced that it has produced what it claims is the first battery cell with a cathode built “100% from recycled nickel, manganese, and cobalt.”
Expand Expanding CloseBattery manufacturer Northvolt raises $2.75B to add 60 GWh of capacity, VW adds $620M
Battery manufacturer Northvolt announced a new $2.75 billion round of investments to help add 60 GWh of production capacity. Volkswagen is contributing another $620 million in the round.
Expand Expanding CloseVW orders $14 billion worth of battery cells from Northvolt’s gigafactory, takes bigger stake
Volkswagen Group confirmed that it placed a new order for $14 billion worth of battery cells from Northvolt’s Swedish gigafactory, and it is taking a bigger stake in the battery manufacturer.
Expand Expanding CloseNorthvolt secures $1.6 billion, signs battery supply contract with BMW
Northvolt has secured $1.6 billion in debt financing as it completes its massive battery factory and signs a battery supply contract with BMW.
Expand Expanding CloseNorthvolt unveils its own Tesla Powerpack/Megapack competitor: Voltpack
Swedish startup Northvolt, who secured massive backing from VW, has unveiled its own stationary energy storage solution to compete with Tesla Powerpack and Megapack.
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VW claims it’s buying $100 kWh battery, moves forward to build new battery gigafactory
VW is reportedly paying less than $100 per kWh for the battery as it is trying to secure battery cell supply for its ambitious electric vehicle plans through a mix of supply deals and making its own cells at a new battery gigafactory with Northvolt.
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Northvolt secures $1 billion from VW, others for gigafactory; joint gigafactory with VW also planned
Northvolt, a battery startup founded by two former Tesla executives, announced a $1 billion equity capital raise for its battery gigafactory in Sweden, in addition to a planned 50/50 joint venture with Volkswagen on another gigafactory in Germany.
Volkswagen partners with Northvolt to advance batteries for electric vehicles
Volkswagen partners with Northvolt, a battery production startup founded by a former Tesla executive, to create a new consortium to advance batteries for electric vehicles in Europe.
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Northvolt announces new battery module factory in Europe
Northvolt, a battery manufacturing company started by two former Tesla supply chain executives, is announcing a new battery module factory in Europe.
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Siemens is partnering with Northvolt for its battery cell gigafactory in Europe
Northvolt has been lining up some impressive partners to help them built their ambitious project of a large battery gigafactory in Europe.
German engineering firm Siemens is the latest to jump on board with a new investment and partnership.
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Northvolt starts construction on first phase of its planned battery gigafactory
Northvolt, a company founded by two former Tesla executives who broke out on their own to build a battery gigafactory in Europe, has been making a lot of moves and partnerships lately.
Now, the duo has began construction on the first phase of its planned battery gigafactory.
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Northvolt gets $68 million to build demonstration battery line for its own Gigafactory
Northvolt, a company founded by two former Tesla executives who broke out on their own to build a battery gigafactory in Europe, seems to be in motion.
After receiving backing from VW’s Scania last month, Northvolt has now secured a $68 million loan to build a demonstration battery line for its own battery factory.
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VW backs Northvolt’s battery Gigafactory developed by former Tesla execs
The two former Tesla executives that broke out on their own to build a battery gigafactory in Europe have just secured backing from Volkswagen through their Scania division.
The two companies will develop and commercialize battery cell technology for heavy commercial vehicles at their facilities.
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Europe’s Nortvolt battery gigafactory lands in Sweden
Two former Tesla executives broke out on their own to build a battery gigafactory in Europe. After launching their fundraising effort and partnering with ABB, they now announced the location of the factory in Sweden.
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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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