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Scania to acquire Northvolt’s industrial battery pack division

On February 18th, Northvolt actually released an official statement in which the battery maker did not mention Scania as the counterpart of the agreement. Later on, the deal has been confirmed by the Swedish truckmaker to Reuters. It marks another step in Northvolt’s restructuring efforts as it seek...

Highlights

batteries

Li-Cycle will open its fourth battery recycle plant in Alabama

According to Li-Cycle, the southeastern United States is emerging as a critical region for the lithium-ion battery supply chain, as battery manufacturers and automotive OEMs establish operations in the region, which will lead to the generation of significant quantities of battery manufacturing scrap...

Microvast goes public. Battery manufacturer to list on Nasdaq

Microvast commenced trading on the Nasdaq under the ticker ‘MVST’. The company has completed the business combination with Tuscan Holdings, resulting in the new name ‘Microvast Holdings, Inc’. Founded in Houston in 2006, Microvast develops disruptive battery technologies designed specifically for co...
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