Battery manufacturer Northvolt has laid off most of its employees as part of the ongoing insolvency proceedings. Approximately 1,700 employees will remain in Sweden.
Northvolt Lays off Most of Its Staff in Sweden Read More »
According to the company, Samsung SDI has launched series production of 46-series cylindrical cells more than a year ahead of schedule.
Samsung Launches Production of 46-Series Cylindrical Cells Read More »
Nissan has signed an agreement with South Korean battery manufacturer SK On for the supply of lithium-ion batteries in North America for the period from 2028 to 2033.
SK On to Supply Battery Cells to Nissan in the USA Read More »
Japanese battery manufacturer Maxell has announced that it will cease production of prismatic lithium-ion batteries by May 2025 to entirely concentrate on solid-state batteries.
Maxell Ends Production of Prismatic Lithium-Ion Batteries Read More »
German battery start-up Theion has raised 16.4 million US dollars from investors to further develop its sulfur battery technology offering three times the energy density of lithium-ion batteries.
Theion Raises 16.4 Million Dollars for Its Sulfur Battery Technology Read More »
South Korean battery manufacturer Samsung SDI has announced a capital increase of approximately 1.38 billion US dollars for the realization of various battery projects.
Samsung SDI Announces Capital Increase Read More »
Swedish battery manufacturer Northvolt has filed for bankruptcy in its home country. A court in Stockholm will take over the proceedings.
Northvolt Files for Bankruptcy in Sweden Read More »
StoreDot has signed a licensing agreement with Kumyang for the mass production of cylindrical battery cells based on StoreDotʼs Extreme Fast Charging (XFC) technology.
Fast Charging: StoreDot Licenses XFC Technology to Kumyang Read More »
Porsche AG has acquired a majority stake in V4Drive GmbH from VARTA AG. In the future, the company will operate under the name “V4Smart”.
Porsche Acquires Majority Stake in VARTA Subsidiary V4Drive Read More »
British start-up Volklec ill be setting up battery production at the UK Battery Industrialisation Centre in Coventry. This is based on a licensing agreement with Chinese manufacturer Far East Battery.
Volklec Plans Battery Production in the UK with Technology from China Read More »
