Northvolt’s recent launch of its sodium-ion battery is poised to potentially reduce Europe’s reliance on rare raw materials sourced from China. “Using sodium-ion technology is not new, but we think this is the first product ever completely free from...
Swedish battery manufacturer Northvolt is set to construct its first lithium-ion battery gigafactory for electric vehicles in North America, named Northvolt Six. The initial investment stands at CA$7 billion (about SEK 56.8 billion). Quebec officials, including Prime...
Volvo Cars and Northvolt have recently received the green light in court for their battery factory project in Gothenburg, which is set to be the city’s first-ever gigafactory as well. Swedish battery expert Bo Normark said in an interview that the EU, including...
Battery manufacturer Northvolt has secured the largest investment to date from Canadian pension fund IMCO, with a total of $400 million (SEK 4.3 billion) investment injected into the company. Northvolt’s appeal to investors continues to grow as the world...
Swedish battery developer and manufacturer Northvolt has decided to strategically reprioritize the production of cylindrical battery cells in its future factory in Heide, Germany. The decision also means that the construction of Northvolt’s battery factory in...