batteries

"Like many companies in the battery sector, Northvolt has experienced a series of compounding challenges in recent months that eroded its financial position, including rising capital costs, geopolitical instability, subsequent supply chain disruptions, and shifts in market demand", stated the Swedi...

The Chinese manufacturer aims to produce lithium batteries with a total annual capacity of 15 gigawatt hours, about 187,000 batteries more or less. The CALB gigafactory will start production by 2028.

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...

Upon installation of new assets, which were recently delivered on January 27, this year, the Company’s Fullerton facility will have the following battery production lines and testing capabilities. Mullen had already purchased the assets that belonged to Romeo Power, in turn acquired by Nikola a few ...

Reuters writes that Scania is particularly active in supporting the company in its day-to-day life by putting people in the factory, trying "to boost quality and output at the struggling electric vehicle battery maker as it scrambles to secure funds". We're talking about the Northvolt Ett in Skellef...

The project will be held in close cooperation with Connexx Systems, a Japanese company specializing in storage battery systems. The target is building an EV charger capable to reduce the load on the existing power grid when it comes to charging electric vehicles. The expansion of charging infrastruc...