Battery energy storage systems (BESS) are on the rise as smarter grid infrastructure begins to emerge, and Lyten has plans ...

Battery maker Northvolt will shut down and shift development of lithium-metal battery technology from California to its R&D hub in Vasteras, Sweden, the company said on Tuesday.

After selling its first battery cells in 2022, Northvolt’s losses tripled in 2023 to $1.03 billion. The company tried to woo investors that year with plans for a stock-market listing at a $20 ...

ARLINGTON, Va. & STOCKHOLM, Sweden (April 21, 2021) — Fluence, a leading global energy storage technology, software and services provider, and Northvolt, the leading European battery developer ...

Northvolt battery plant sparks into life, a first for Europe. ... He joined Reuters in 2006 and has covered a variety of beats ranging from financial sector to technology.

As a result, Northvolt states that it intends to leverage Cuberg’s lithium metal cell technology with its own battery manufacturing expertise in order to deliver energy solutions to electric planes.

Together with Finnish forestry company Stora Enso, Northvolt looks to scale this wood battery anode technology. Northvolt is a battery manufacturer founded by two former Tesla executives following ...

Swedish battery maker Northvolt AB has acquired U.S. startup Cuberg Inc., gaining access to technology that could significantly boost the range of its electric-vehicle batteries, in the latest ...

Northvolt's $1.6 billion and Plug Power’s PLUG $1 billion loan were the largest public market financing deals in 2020. There were 19 M&A transactions in the Battery Storage category in 2020, of ...

The Swedish battery maker Northvolt, once seen as Europe’s strongest competitor to Chinese battery manufacturers, filed for bankruptcy protection in the United States on Thursday. The company ...

STOCKHOLM (Reuters) -Battery maker Northvolt will shut down and shift development of lithium-metal battery technology from California to its R&D hub in Vasteras, Sweden, the company said on ...