Northvolt has produced its first lithium-ion battery cell at its factory in Västerås, meeting its deadline to start production before the end of 2021.
by investors in June, said it's the first battery of its kind to have been fully designed, developed and assembled by a homegrown European battery company."Of course, this first cell is only the beginning," Peter Carlsson, CEO and co-founder of Northvolt, said in a statement.
"Over the course of the coming years, we look forward to Northvolt Ett expanding its production capacity greatly to enable the European transition to clean energy." The majority of the world's electric car batteries are currently made in the U.S. and Asia, but Northvolt hopes to change this. Despite being less than six years old, Northvolt has signed over $30 billion worth of contracts with customers including carmakers
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Germany Moves To Legalize Cannabis, Second Country After Malta In EuropeThe decision by Germany's new government to permit 'the controlled sale of cannabis to adults for recreational purposes in licensed shops' is a game-changing precedent for the global business of marijuana.
Read more »
Top U.S. VC Firms Are Struggling to Find the Right Staff in EuropeThere’s no shortage of European start-ups for U.S. venture capitalists to back but there’s a lack of staff for them to hire, industry sources told CNBC.
Read more »
Dispatch from Europe: What it's like to travel during COVID.ByGlenJohnson has been traveling in Europe during this COVID surge — and he has some lessons. The bottom line: Travel is possible — even overseas. But you have to be flexible and ready to spend time and money.
Read more »
Large-Scale Carbon Sequestration Research In Europe May Be More Important Than You ThinkIn the realm of carbon sequestration in agriculture there are practical approaches like regenerative agriculture, including methods like biochar produced by pyrolysis of biomass in the absence of oxygen and returned to the soil, and
Read more »
Protests against Germany's Covid restrictions turn violent as Europe moves to stem OmicronProtesters tossed bottles and fireworks at police in eastern Germany on Monday night in some of the most violent demonstrations against public health measures in Europe since the Covid-19 pandemic began
Read more »
Tuft cell–produced cysteinyl leukotrienes and IL-25 synergistically initiate lung type 2 inflammationIn mice, IL-25 and CysLTs proteins from airway TuftCells cooperate to drive Allergen inflammation in the lungs, say researchers in SciImmunology.
Read more »