Volkswagen, Northvolt to work together for battery research

Northvolt logo

Volkswagen and Swedish battery maker Northvolt and other companies along with science labs are going to work together in battery cell research, the German automaker stated on Thursday. Beginning in early 2020, the so-called European Battery Union (EBU) intends to accumulate know-how on battery cell production, consisting of research on raw materials, cell technology but […]

Former Tesla Manager Peter Carlsson aims to raise $4 billion for Europe’s biggest battery plant

Peter Carlsson

A previous Tesla executive, Peter Carlsson, is aiming to raise a minimum of $4 billion to develop Europe’s biggest battery factory in Sweden to fulfill an anticipated rise in demand as the area’s automakers switch to electric vehicles. Carlsson, who managed automaker’s supply chain before going back to his native country, thinks European automakers’ push […]