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Mercedes Benz’s new recycling factory in Kuppenheim

The recycling plant in Kuppenheim, southern Germany, aims to create a genuine circular economy. According to the German group, valuable and scarce raw materials such as lithium, nickel and cobalt can be recovered – in a way which is suitable for use in new batteries for future all-electric Mercedes-...

Northvolt to cut about 1,600 jobs in Sweden due to strategic review

Northvolt announced that about 1,600 jobs will be cut in Sweden alone, split across Skellefteå (1,000 positions), Västerås (400 positions) and Stockholm (200 positions). All redundancies are subject to ongoing union negotiations, as officially announced. "The decisions are necessary to adjust for cu...
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batteries

Acquisition completed. Akasol is now part of BorgWarner group

By taking over Akasol, BorgWarner has the target of increasing its presence in the e-mobility field and further strengthening its market position for battery systems. As a matter of fact, the US-based group is a primary player in the production of drivetrain components for the automotive industry.
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