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Fraunhofer FEP has developed this process for a new type of component for lithium-ion batteries called metal-on-polymer ...
Battery energy storage systems (BESS) are on the rise as smarter grid infrastructure begins to emerge, and Lyten has plans ...
US company Lyten acquires Northvolt’s battery energy storage systems facility in Gdansk for an undisclosed amount ...
Their new employer LBS Group, with over 200 employees in Europe, has long worked with facilities connected to renewable energy but they are now putting even more effort into battery storage. The fact ...
The end of Northvolt’s only active cell production line in Sweden has cast doubts on the future of its battery factory under construction in northern Germany.
Northvolt seemed like it had everything going for it. The Swedish industrial start-up was Europe’s pioneer in battery manufacturing, led by two former Tesla executives, backed financially by big ...
Northvolt’s Germany Factory Operations for Northvolt’s German subsidiary are to continue, but because the Swedish parent company wholly owns the factory project, its viability after bankruptcy ...
1. Financial overreach: Battery gigafactories cost billions, and Northvolt’s aggressive expansion—simultaneously building plants in Sweden and Germany and eyeing the U.S.—burned through cash. The ...
The future of battery manufacturer Northvolt's planned factory in northern Germany has been cast into doubt after the Swedish company filed for bankruptcy on Wednesday.
Swedish EV battery maker Northvolt has reached an agreement with Volvo Cars to sell its stake in their Swedish battery-making joint venture, Novo Energy.