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The Latest Breaking News from Northvolt

EU Approves 900-mn-euro German Aid For Battery Plant

The EU approved Monday a 900-million-euro German state subsidy for electric vehicle battery firm Northvolt to build a plant in Germany that might have otherwise been lured to the United States.

International Business Times

‘Breakthrough battery’ from Sweden may cut dependency on China

Northvolt says new lithium-free sodium-ion battery is cheaper, more sustainable and doesn’t rely on scarce raw materials

The Guardian - UK

Northvolt Will Build A 60 GWh Battery Gigafactory In Canada

Swedish battery start-up Northvolt announced that will establish a fully integrated lithium-ion battery gigafactory in Canada.

InsideEVs

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Sweden's Northvolt wants to rival China's battery dominance to power electric cars

Northvolt's CEO says the key driver behind the startup is to make Europe self-efficient and less reliant on China for supplies.

WEKU

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Fortune

Northvolt May Delay German Battery Plant, Is Looking At US

The company said it will decide next year whether to build the Germany facility in time for production to start in late 2025 or expand first in North America.

InsideEVs

Northvolt Raised $1.1 Billion To Support Expansion In Europe

Northvolt announced the signing of a $1.1 billion convertible note to finance its expansion of battery cell and cathode material production in Europe.

InsideEVs

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Benzinga

Goldman, Volkswagen backed Northvolt Raises $1.1B For Expansion In Europe

Northvolt, the battery maker back by Volkswagen and Goldman Sachs, raised $1.1 billion via convertible note to finance its expansion of battery cell and cathode material production in Europe t

Benzinga

Volkswagen Group Announces €3 Billion Battery Gigafactory In Spain

The Volkswagen Group announced that together with partners in the Future: Fast Forward project, it will mobilize €10 billion to make Spain a European hub for EVs.

InsideEVs

Volvo Makes Investment In StoreDot

Volvo Cars, through Volvo Cars Tech Fund, has made an investment in StoreDot, an Israeli company developing extreme-fast charging battery technology.

InsideEVs

Northvolt Announces Third Battery Gigafactory: Northvolt Drei

Northvolt announced a plan for its third battery gigafactory - Northvolt Drei, which will be established in Heide, Schleswig-Holstein in northern Germany.

InsideEVs

Northvolt Plans 100 GWh/Year Cathode Material Gigafactory In Sweden

Northvolt recently announced a plan to transform a closed paper mill in Sweden into a new manufacturing plant for cathode active materials and battery cells.

InsideEVs

Volvo And Northvolt's Battery Gigafactory Will Be Built In Sweden

Volvo Cars and Northvolt have officially revealed that their joint battery manufacturing plant will be built in Gothenburg, Sweden.

InsideEVs

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