Northvolt Battery Plant Comes to Life

On Wednesday, Northvolt announced that its new gigafactory in Sweden had assembled the cell for its first battery. This would make the company the first in Europe to design and manufacture a battery.

The cell is made of a prismatic format with several thinner and lighter cells combining...

TESLA MULLING OVER STAKE IN LG TO MOBILIZE BATTERY SUPPLY FOR EV’S

• Tesla is looking to gain a chunk of LG Energy Solution, soon to be separated by LG Chem, to procure a stable supply of batteries as told by reliable sources.
• Tesla is thinking proactively to acquire a stake in LG Energy Solution.

Specifically, Tesla is said to...

LITHIUM MINING STARTUPS SEEK TESLA RELEGATING CHINA IN EV MARKET

• The mainstay of Electric cars is the lithium-ion batteries, which are most often produced in factories in China.
• However, two British lithium mining startups — Cornish Lithium and British Lithium are on the job hoping to lure companies like Elon Musk’s Tesla to open...

Northvolt is building a greener battery future

He has a point-it seems like an unlikely location I've been telling him about for the billion-dollar battery start-up. Northvolt aims to build the first home-grown "Gigafactory" of lithium-ion batteries in Germany, most of which are intended for electric vehicles. Because of the sca...

Tesla shares soar after crushing third-quarter earnings

Tesla delivered a robust third-quarter statement when the bell on weekday, posting a surprise profit and telling shareholders it's prior to schedule with a brand-new manufacturing plant in Shanghai. Shares spiked over two hundredths when hours, putting them at their highest worth since Octobe...