Northvolt Acquires U.S. Battery Technology Company Cuberg to Commercialize Next-Generation Battery Cells for Electromobility

Northvolt acquires U.S.-based battery technology company Cuberg and establishes new advanced technology center in Silicon Valley. Northvolt’s U.S. operations, led by Cuberg, will develop next-generation battery cells for the electromobility market with a lower price point, better performance and increased safety. Cuberg’s lithium metal technology radically […]

Northvolt Raises $1.6 billion in Debt Financing through Consortium global financial institutions

$1.6 billion in debt raised through a consortium of commercial banks, pension funds and public financial institutions. Northvolt has to date raised over $3 billion in equity and debt to support the development of two lithium […]

From Raw Material to Recycling: BMW Group Develops Sustainable Material Cycle for Battery Cells

+++ Development of innovative and recyclable battery cells +++ Near-standard production of battery cell prototypes at new pilot plant +++ Commissioning planned for late 2022 +++ Munich. Sustainability plays a central role in expanding electromobility. The BMW […]