Northvolt breaks ground on 60 GWh capacity German giga factory

Image: Northvolt

Northvolt announced the company had started construction of its battery giga factory "Northvolt Drei" in Germany. Europe had battled to keep the factory within its borders, after t...

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EU approves €902 mn aid for Northvolt's EV battery plant in Germany

A 3D rendering of Northvolt Drei, the company's upcoming EV battery giga factory in Germany: Northvolt

Decision helps keep the plant in Europe in the face of competing incentives from America The European Union has approved €902 million in aid for Swedish company Northvolt to set up...

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Europe bags €10 billion in giga factory investments

Europe has bagged around 10 billion euros in investment for two giga factories that will supply batteries to car manufacturers from 2026. The deals come after the bloc loosened rul...

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Stora Enso and Northvolt inks JDA for developing sustainable wood-based batteries

Stora Enso and Northvolt have announced that they are partnering to create sustainable batteries using lignin-based hard carbon produced with renewable wood from the Nordic forests...

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Graphmatech, Graphenea, and Northvolt up-cycles recycled EV batteries into graphene oxide

Graphmatech, Graphenea, and Northvolt have announced their success in up-cycling end-of-life EV batteries into graphene oxide at an industrial pilot scale. This breakthrough uses t...

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Northvolt secures $1.1 billion to support battery mfg. factory rollout in Europe

Battery manufacturer Northvolt has announced the signing of a $1.1 billion convertible note to finance its expansion of battery cell and cathode material production in Europe to su...

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