Northvolt & Hydro Team Up For EV Battery Recycling
Electric cars and recycling are made for each other. Northvolt and others are working today on the battery anhd motor recycling systems of tomorrow.
Electric cars and recycling are made for each other. Northvolt and others are working today on the battery anhd motor recycling systems of tomorrow.
The Volkswagen ID lineup, led by the ID.3, has been getting a good deal of attention outside of EV world and all across the auto industry, including winning several recent design awards.
This is the 9th edition of CleanTechnica’s fairly new weekly news broadcast. This episode covers Tesla gigafactories in Shanghai, Nevada, and potentially Texas and Oklahoma, as well as Northvolt batteries, a Siemens Gamesa wind turbines, Synbio startup Octant, and much more. Have a look.
It seems like e-Mobility has become the new tech market for all types of investors. Companies like Tesla, Rivian, Byton, Bird, Tier Mobility, Sono Motors, and ChargePoint are the new Facebooks of this era. Besides venture capitalists (VCs), many corporate venture entities of Fortune 500 companies stepped in last year.
Volkswagen is launching into what could be a huge electric decade that reinvents and rejuvenates the large global automotive group. Yes, the Volkswagen ID.3 — which is sort of supposed to be the VW Beetle or Golf of this century — has some delays. Reinvention can be tough.
Electric vehicle (EV) batteries and charging may not be as exciting as robotaxis and other autonomous vehicles, there’s been a variety of fun news about these matters that should help to further raise awareness and get people to switch to EVs.
Companies like Tencent, Baidu, Amazon, Samsung, Google, IKEA, Goldman Sachs, Citi, Renault-Nissan, and many more are investing heavily in the field of electric mobility, according to The Global e-Mobility Funding Report for Q2 2019.
It seems like all Forbes 500 companies have awoken and now want to tap into an industry that is projected to have a value of over $500 billion in 2025.
Chinese battery manufacturer CATL has announced it will increase its investment in a German battery factory to 1.8 billion euros. It says battery demand in Europe will reach 100 MWh by 2030.
Volkswagen has invested a 900 million Euro investment in Swedish battery manufacturer Northvolt. The two companies will build a new battery factory near VW’s Salzgitter factory.
Volkswagen is powering ahead with its electric vehicle plans. This week it announced plans to build battery cells in Europe, a deal with Northvolt on truck batteries, and the construction of two new EV factories in China.