Topic: Northvolt

Volvo Cars wants full ownership of NOVO Energy

BatteriesVolvo Cars wants to completely take over the battery cell joint venture Novo Energy, which is operated together with Northvolt. The reason is that Northvolt has failed to fulfil its financial obligations.Read more

31-10-2024|Comment|author: Peter van Noppen

Northvolt secures funding of five billion dollars

ExpansionSwedish battery manufacturer Northvolt has successfully secured a 4,6 billion debt financing round aimed at bolstering its production capabilities and accelerating its growth.Read more

16-01-2024|Comment|author: Peter van Noppen

Northvolt gains EU nod for 900 mln euros German aid to build EV battery plant

To prevent the factory is build in the USSwedish lithium-ion battery producer Northvolt secured EU approval for 902-million-euro in German state aid to build an electric vehicle battery production plant in the north of Germany.Read more

12-01-2024|Comment|author: Peter van Noppen

Northvolt develops cobalt-free battery cell that could power future EVs

InnovationSwedish battery maker Northvolt has developed its first sodium-ion battery, a technology that could cut reliance on scarce raw materials like cobalt and lay the foundation for the company’s next generation of electric-car batteries.Read more

26-11-2023|Comment|author: Peter van Noppen