Siemens signs €10m Northvolt deal
German manufacturing giant Siemens has announced a €10-million investment in the groundbreaking Swedish battery manufacturing startup Northvolt. Siemens said the
German manufacturing giant Siemens has announced a €10-million investment in the groundbreaking Swedish battery manufacturing startup Northvolt. Siemens said the
Munich-based Siemens has become the latest investor to contribute to the Northvolt battery project to build Europe’s largest lithium-ion factory
In an attempt to tap into the estimated €250-billion battery market, the European Commission has unveiled an action plan to
Japan’s Marubeni and Sweden-based battery manufacturer Northvolt have signed an agreement to provide the company led by former Tesla supply
Northvolt, founded by two former Tesla executives, has secured a €52.5-million loan to build a demonstration battery line run from
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