Mar 8, 2023 - 02:17 pm
VW may prefer US over Eastern Europe for battery cell factory
Volkswagen may have put plans for a battery cell factory in Eastern Europe on ice. According to a media report, the company is looking to build a plant in North America first since it could receive up to €10 billion in incentives because of the US Inflation Reduction Act.
Oct 31, 2022 - 01:04 pm
Energy prices may delay construction of Northvolt Drei
The high energy prices are probably slowing down the construction of Northvolt’s planned battery factory in Germany. Northvolt CEO Magnus Carlsson confirmed this in an interview. A decision has not yet been made, but Northvolt is already considering an alternative location.
Jun 29, 2022 - 01:17 pm
Northvolt confirms plans for IPO in next two years
The Swedish battery wunderkind Northvolt has confirmed plans to go public within the next two years. The battery cell company backed by Volkswagen or BMW was “well-positioned” for an initial public offering, Chairman Carl-Erik Lagercrantz said in an interview.
May 18, 2022 - 12:08 pm
Northvolt starts delivering cells from Skellefteå factory
Northvolt has started commercial deliveries of battery cells to a car manufacturer. It makes the Swedish start-up the first European firm that has managed to do so. And, they have made the shipments from the Ett factory in Skellefteå, Sweden, on schedule.
May 12, 2022 - 02:37 pm
Northvolt granted funding for German plant
Northvolt is to recieve European funding for its battery factory in Germany. In Berlin, the German Federal Minister of Economic Affairs Robert Habeck officially handed over notification of IPCEI funding (Important Projects of Common European Interest) to Northvolt.
Apr 7, 2022 - 11:44 am
Northvolt cells will power electric Volvo XC60 successor
The successor to the Volvo XC60 set for 2024 will be the first series EV model to use battery cells from the joint venture between Volvo and Northvolt. The conventional SUV has been the Swedish brand’s best-selling car running for the past four years.
Mar 15, 2022 - 12:25 pm
Northvolt to build battery factory in Germany
The Swedish battery cell manufacturer Northvolt has announced another battery factory, this time in Germany. ‘Northvolt Drei’ is to be built in Heide in Schleswig-Holstein and will have an annual production capacity of 60 GWh.
Feb 25, 2022 - 01:21 pm
Northvolt to build second battery factory in Sweden
Northvolt plans to convert a closed Stora Enso paper mill in Sweden into a gigafactory to produce up to 100 GWh of cathode material as well as battery cells. The two companies have signed a letter of intent that calls for Northvolt to purchase the Kvarnsveden Mill in Borlänge, Sweden, and the surrounding industrial area.
Jan 2, 2022 - 12:55 pm
Batteries are now being produced at Northvolt
Northvolt has started up its Ett factory in Skellefteå, Sweden, with the production of the first battery cell. Northvolt says the first prismatic cell was manufactured there on 28 December. The first deliveries to customers are scheduled for 2022.
Dec 14, 2021 - 03:55 pm
Northvolt & Galp to build lithium plant in Portugal
The Swedish battery cell manufacturer Northvolt is setting up a 50:50 joint venture with Portugal’s energy company Galp. Under the direction of the joint venture Aurora, a lithium conversion plant will be built in Portugal. The future location of the plant is still under discussion.
Nov 14, 2021 - 12:52 pm
Northvolt produces first 100% recycled NMC battery cell
Northvolt has produced its first battery cell with 100 per cent recycled nickel, manganese and cobalt as part of its Revolt recycling programme. The company is now looking to scale up its recycling facilities in Sweden to establish a facility able to recycle 125,000 tons of batteries per year.
Oct 7, 2021 - 04:12 pm
Northvolt expands research facility in Västerås
The Swedish battery cell manufacturer Northvolt is investing 750 million US dollars in the expansion of its research centre Northvolt Labs in Västerås. The site will be expanded to include a campus with a new research and development centre, customer centre and offices.
Sep 6, 2021 - 12:51 pm
BMW places battery cell order worth €8 billion
BMW has increased its orders for battery cells for use in electric cars. According to an agency report, the Munich-based company is said to have ordered cells worth the equivalent of eight billion euros from four manufacturers.
Jul 13, 2021 - 06:07 pm
Volkswagen presents strategy til 2030
Volkswagen has presented its strategy for 2030 called ‘New Auto’. At the core of this strategy is the shift to electromobility and the gradual phasing out of the combustion engine – but it goes far beyond electrifying the hardware that has been dominant for so long
Jun 21, 2021 - 01:21 pm
Northvolt & Volvo Cars consider battery cell joint venture
Volvo Car Group and Northvolt want to set up a joint venture to develop and produce more sustainable batteries tailored to power Volvo’s and Polestar’s next generation of pure electric cars. The plans include R&D and a large scale cell factory in Europe.
Jun 9, 2021 - 12:05 pm
Volkswagen invests another €500Mn in Northvolt
Volkswagen is investing another 620 million dollars, or about half a billion euros, in its battery cell partner Northvolt. The funding is part of a $2.75 billion private placement that the Swedish company announced today alongside news on production capacity increases.
Apr 7, 2021 - 01:19 pm
Northvolt is digging into construction market
Sweden’s young battery powerhouse and Volkswagen partner Northvolt has made a new client in the construction business. Pon Equipment, the Caterpillar dealer for Norway and the Netherlands, orders 90 battery systems from Northvolt for electric excavators, which select customers receive this Spring.
Mar 15, 2021 - 05:21 pm
Power Day: Volkswagen plans standard battery cell
Volkswagen has just presented its technology roadmap for the battery and charging sectors up to 2030 at its Power Day presentation. The aim of the roadmap is to significantly reduce the complexity and costs of batteries. At the core of the plan are six “Gigafactories” throughout Europe.
Mar 10, 2021 - 03:12 pm
Northvolt to enter US through Cuberg acquisition
Sweden’s battery cell manufacturer and Volkswagen partner Northvolt acquired the US startup Cuberg to commercialise longer-range Lithium-metal batteries. Existing clients include Boeing and electric aviation startups, while Northvolt also plans an R&D centre in California.