Institutional investors Baillie Gifford, Baron Capital Group, Bridford Investments Limited, Norrsken VC & PCS Holding participate in a $600 million private placement together with private investors Cristina Stenbeck and Daniel Ek.
Redwood Materials has a plan to recycle lithium ion batteries so their component materials can be used to make new batteries at lower cost.
Northvolt just raised another $1.6 billion in debt, bringing total debt and equity raised to $3 billion.
We recently interview Northvolt CEO Peter Carlsson about Northvolt’s history and plans, giving much more insight and depth to what Northvolt’s plans are with that $3 billion.
Up and coming Swedish battery producer Northvolt just launched the Voltpack Mobile System in partnership with energy provider Vattenfall. The modular system was designed from the ground up as a portable replacement for diesel generators providing energy as a service in temporary installations.
CleanTechnica recently interviewed Peter Carlsson, Chief Executive Officer of Northvolt, the Swedish battery manufacturing startup-slash-giant. In this the third and final part of the interview, we discuss the benefits of Northvolt’s low carbon manufacturing approach in the European context, and learn about its product mix and strategic positioning.
CleanTechnica recently interviewed Peter Carlsson, Chief Executive Officer of Northvolt, the Swedish battery manufacturing startup-slash-giant. In part two of the interview, we discussed the growth in the European EV market, Northvolt’s plans to scale its manufacturing capacity, its timeline, and its access to low-cost, renewable hydroelectric energy in Sweden.
CleanTechnica recently interviewed Peter Carlsson, Chief Executive Officer of Northvolt, the Swedish battery manufacturing startup-slash-giant. Northvolt plans to use renewable energy to manufacture battery cells and packs for the European market, and already has substantial agreements in place with Volkswagen, BMW, ABB, and others. We sat down virtually with Peter to learn about the company’s unique approach, and plans.
BMW has committed to buying $2 billion worth of sustainably manufactured batteries from Northvolt, with deliveries expected to begin in 2024.
According to a Transport & Environment report, Europe poured €60 billion into EV production and EV battery production in 2019, a whopping 19 times more money than it put into them in 2018.
Electric cars and recycling are made for each other. Northvolt and others are working today on the battery anhd motor recycling systems of tomorrow.
