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.
Feb 24, 2021 - 10:46 pm
Tier Mobility develops greener batteries with Northvolt
Micromobility provider Tier and battery manufacturer Northvolt have formed a partnership. The aim is to improve the sustainability of electric scooter batteries and their raw material requirements, as well as improving sustainability by means of battery swapping stations and recycling.
Feb 11, 2021 - 02:15 pm
Hydrovolt constructing battery recycling plant
Hydrovolt has started construction of a battery recycling plant in Fredrikstad, Norway. The newly founded joint venture between the Swedish battery manufacturer Northvolt and the Norwegian aluminium producer Norsk Hydro says the plant will be operational at the end of 2021.
Nov 25, 2020 - 03:26 pm
Northvolt teams up with Cake on e-motorbikes
The Swedish companies Northvolt and Cake have entered into a long-term partnership to supply sustainable battery cells for electric motorcycles. The aim is to bring various Cake models with Northvolt battery cells to market from the first half of 2022.
Nov 18, 2020 - 04:22 pm
Panasonic looks to Norway for European battery production
Panasonic has signed a memorandum of understanding (MoU) with the energy company Equinor and the industrial group Norsk Hydro to explore the possibilities for building a “sustainable and cost-effective European battery business” for electric vehicles, likely in Norway.
Nov 17, 2020 - 02:28 pm
Scania to build their very own battery plant
Volkswagen’s commercial vehicle brand Scania has announced that it will invest over one billion Swedish kroner (around 100 million euros) in the construction of a battery assembly plant next to its chassis assembly plant in Södertälje, Sweden.
Oct 12, 2020 - 03:53 pm
Einride introduces next generation electric truck
The Swedish startup Einride has introduced the next generation of its autonomous electric truck T-Pod, making it commercially available worldwide for the first time. The company is relying on a subscription model for this. Initial customers include Lidl Sweden, Oatly, Bridgestone and Northvolt.
Jul 16, 2020 - 12:50 pm
Northvolt becomes 3rd battery cell supplier to BMW
The BMW Group has signed a long-term supply contract for battery cells with the Swedish company Northvolt. The deal is worth two billion euros. Northvolt will start manufacturing the cells in 2024 in its Gigafactory in Skellefteå, currently under construction.
Jun 2, 2020 - 06:13 pm
Northvolt and Norsk Hydro to recycle batteries
The Swedish battery manufacturer Northvolt and the Norwegian aluminium producer Norsk Hydro announce the formation of a joint venture to enable the recycling of battery materials and aluminium from electric vehicles in the Norwegian market.
May 9, 2020 - 10:34 pm
Volkswagen builds battery factory in Salzgitter
The joint venture between the Volkswagen Group and Sweden’s battery manufacturer Northvolt is taking shape. The partners have now decided that the buildings and infrastructure for the planned joint battery cell factory ‘Northvolt Zwei’ will be built by Volkswagen itself.
Mar 18, 2020 - 03:27 pm
Northvolt delivers largest order to date to Epiroc
Northvolt has delivered its most significant order of battery systems to Epiroc. The mining company will integrate the Li-ion cells into its mid-sized drilling family. The order represents the first commercial roll-out of Northvolt’s latest generation of the battery system, the Swedes said.
Feb 11, 2020 - 03:23 pm
SeNSE project to build battery cell competencies in Europe
Experts from seven European countries are now working on solutions for next-generation lithium-ion batteries in the SeNSE research project within the European Battery Alliance. The Swedish company Northvolt is to play a decisive role in the four-year project.
Feb 8, 2020 - 10:25 am
DE: Northvolt & VW to expand battery cell production
Volkswagen and Northvolt want to increase the capacity of their battery cell factory in Salzgitter, Germany, by 50 per cent. The joint venture plans to submit the building application for the already planned expansion in March.
Jan 12, 2020 - 05:38 pm
ABB to deliver power infrastructure for Northvolt factory
ABB will deliver the power supply infrastructure from the local grid to the production facilities for Northvolt’s planned battery cell factory in Skellefteå, Sweden. This is not Northvolt’s first collaboration with the Swiss-Swedish group.
Dec 13, 2019 - 03:26 pm
Revolt: Northvolt enters battery recycling
The Swedish company Northvolt, managed by former Tesla manager Peter Carlsson, will dedicate itself not only to the planned mass production of battery cells but also to recycling them with the Revolt programme now presented.
Nov 26, 2019 - 01:41 pm
Northvolt to ramp up production capacities
Northvolt’s plans to build capacity for the production of battery cells in Europe appear to be more extensive than previously stated. The planned production capacity is to increase significantly – also with new partners.
Jul 8, 2019 - 01:35 pm
VW to support battery suppliers with production setup
Volkswagen wants to use financial support and the establishment of joint ventures to persuade battery cell suppliers to produce sufficient energy storage systems for the Group’s electrical offensive at a faster pace. Many suppliers remain hesitant.
Jun 26, 2019 - 06:36 pm
CATL massively increases investment in Erfurt
Chinese battery cell manufacturer CATL has decided to increase the investment in its planned factory in Erfurt by a factor of 7.5: Instead of the originally planned 240 million euros, 1.8 billion euros are now earmarked for the German location.
Jun 12, 2019 - 05:52 pm
VW invests for 20% of Northvolt
Volkswagen is investing 900 million euros in the Swedish battery manufacturer Northvolt. Part of the sum is earmarked for a planned joint venture between the two companies, another part goes directly to Northvolt.
May 16, 2019 - 02:23 pm
EIB gives first clearance for €350M loan for Northvolt
The European Investment Bank (EIB) has announced their principle agreement to support the financing of Northvolt’s planned battery factory for the production of lithium-ion cells in Skellefteå, Sweden, with a loan of 350 million euros.