Components

From April 2025, high-voltage batteries will be manufactured industrially in Nuremberg using state-of-the-art production methods on 17,000 square metres. Up to 50,000 batteries per year will be built in an initial expansion phase, with goal of reaching up to 100,000 units.

Northvolt "will continue to operate as usual during the reorganization", making deliveries and fulfiling obligations to customers. The Swedish company also states that "the Chapter 11 restructuring process in the U.S. is distinct from a bankruptcy or administration proceeding in Sweden or many other...

In a new interview with Reuters, Christian Levin opened to the possibility for Scania to talk to other battery cell makers. "We talk to everyone in order to make sure that we are not going to end up in problems if they (Northvolt) have problems", he stated, also adding: "We support them in any way w...

The Mercedes-Benz plant in Gaggenau, which specializes in transmissions for heavy-duty commercial vehicles, is currently developing into a center of expertise for electric drive components. In addition, the Mercedes-Benz plant in Kassel is assembling the new generation of the e-axle for the eActros ...

Designed for hybrid vehicles of EREVs and PHEVs, CATL's Freevoy delivers impressive charging speeds, providing over 280 kilometers of range on 10 minutes of charging, according to the Chinese company. Such an innovative battery has been repeatedly tested in the passenger car sector, so far.

Indeed, talks are ongoing with possible new investors. The target is to get about 300 million euros funding by the end of the month to have enough liquidity and meet the next goals outlined by the company's management in the last few weeks.