Northvolt Reacts To Changes In Demand For Batteries — Make A New Plan, Stan!
Northvolt has completed a restructuring plan that will lead to significant layoffs while it seeks a new path forward.
Northvolt has completed a restructuring plan that will lead to significant layoffs while it seeks a new path forward.
While the purported slowdown in demand for EVs seems to find automakers halting or slowing their original electrification plans, EVs have actually reached 20% of global auto sales. That number is expected to increase exponentially, and so will EV jobs numbers. In fact, by 2035, EVs could potentially account for … [continued]
Morrow Batteries will begin making LFP batteries at scale in a new factory in Norway by the end of this year.
From Energy has chosen Maine as the site of its first large-scale grid storage installation with a capacity of 85 MW and 8500 MWh.
The EV revolution has come to Thailand, thanks to China’s policy to push exports of electric cars worldwide.
New competence centre for development of innovative, high-performance battery cells and new manufacturing processes Ola Källenius: “Our goal is to reduce battery costs by more than 30 percent in the coming years” In 2024, Mercedes-Benz will invest 14 billion euros in research and development and in its plants – a … [continued]
Northvolt and Volvo are both encountering headwinds that may delay their electric car battery and manufacturing plans.
1,200 GWh per year of battery cells would be enough cells for at least 12 million new EVs annually. Argonne National Laboratory projects that battery cell production in North America will exceed 1,200 GWh of capacity by 2030. That is enough to supply 12 to 15 million new EVs annually … [continued]
Laid-off workers in the Southeast have a new option. As electric vehicle battery plants rise in the region, they’re accompanied by good jobs, and these jobs are better paying than any of the previous textile or furniture industry positions from years past. EV battery plants are reinvigorating areas left destitute … [continued]
Honda has struck a deal with the governments of Canada and Ontario that will lead to building a battery factory for electric cars.