Volvo Cars Takes Over NOVO Energy for Free
Volvo Cars will take full control of the NOVO Energy battery joint venture without paying a purchase price to Northvolt as part of a broader agreement.
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Altilium Launches LFP Battery Recycling in the UK
British company Altilium, which previously focused on nickel manganese cobalt (NMC) batteries, has started recycling lithium iron phosphate (LFP) batteries in the United Kingdom.
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Li-Cycle Expands Recycling Partnership in the EU
Li-Cycle from Canada has announced a recycling partnership with a “premium automotive manufacturer” in the EU which will ensure the supply of materials to Li-Cycleʼs plant in Germany.
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Mullen Acquires Battery Manufacturing Equipment from Nikola
Southern Californian electric vehicle manufacturer Mullen Automotive has acquired production facilities from Nikola to start battery production in the second half of 2025.
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AESC Receives EU Approval for State Aid in France
The European Commission will be funding the construction of a gigafactory by AESCʼs French subsidiary in Douai with 48 million euros.
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Octillion Inaugurates Battery System Facility in Nevada
US-based Octillion Power Systems has inaugurated a 3,700-square-meter plant for the production of battery systems with an annual capacity of up to one gigawatt-hour in Reno.
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Volvo Cars Acquires Northvoltʼs Stake in NOVO Energy
Volvo Cars has taken full control of the battery joint venture NOVO Energy by acquiring the shares of Northvolt, which had already stopped funding most of its joint ventures in 2024.
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Spiro Partners with Ace Green Recycling in Africa
The US-based company Ace Green Recycling and local electric mobility provider Spiro have announced a collaboration to promote battery recycling in Africa.
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ProLogium Receives Permits for Battery Factory in France
ProLogium from Taiwan has received approval for its planned gigafactory in Dunkirk, France, where mass production of its lithium ceramic batteries is set to begin in 2027.
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Nissan to Source Batteries from SK On for US Market
Nissan plans to expand its production in the USA and to therefore purchase batteries for around 300,000 electric vehicles from South Korean manufacturer SK On, starting in 2028.
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