SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Northvolt moves from USA to Västerås

» Updated: 31 August 2024

» Published: 20 August 2024

Northvolt moves from USA to Västerås
Photo: Ali Lorestani/TT

The battery manufacturer Northvolt is moving the development of what the company calls the next generation of lithium battery technology from California to Västerås, the company announced in a press release.

The existing research and development department at Northvolt Labs in Västerås will be responsible. According to the company, the change is being made to gather all development and research on battery cells in one place, a facility where the company can take advantage of expertise and opportunities that are "unparalleled in the Western world".

The operations in California are currently being conducted by Northvolt's subsidiary Cuberg in the San Francisco area, a company that was acquired in 2021. Behind the concentration to Sweden lies, according to the company, a thorough analysis of the conditions for achieving success and developing products that can be mass-produced in a cost-effective manner.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

China reaches growth target after strong final quarter
2 MIN READ

China reaches growth target after strong final quarter

Down in Japan – up in China
1 MIN READ

Down in Japan – up in China

Upward trend for China's economy
1 MIN READ

Upward trend for China's economy

Down on Wall Street
1 MIN READ

Down on Wall Street

Billion Fines for American Express
1 MIN READ

Billion Fines for American Express

Adviser: Trump wants to save Tiktok
3 MIN READ

Adviser: Trump wants to save Tiktok

Employers want to stop Israel blockade
1 MIN READ

Employers want to stop Israel blockade

Crisis for Vapiano – Applies for Reconstruction
1 MIN READ

Crisis for Vapiano – Applies for Reconstruction

Lagerhaus Applies for Reconstruction
1 MIN READ

Lagerhaus Applies for Reconstruction

Kristersson wants to act against Chinese online companies
1 MIN READ

Kristersson wants to act against Chinese online companies

Nintendo shows the successor to Switch
1 MIN READ

Nintendo shows the successor to Switch

Unexpectedly weak growth for US retail sales
1 MIN READ

Unexpectedly weak growth for US retail sales

New - smaller model - to boost Polestar
1 MIN READ

New - smaller model - to boost Polestar

New strength signals from the US banking sector
2 MIN READ

New strength signals from the US banking sector

Court Approves Plantagen's Reconstruction
1 MIN READ

Court Approves Plantagen's Reconstruction

Hitachi invests in Piteå – 100 new jobs
1 MIN READ

Hitachi invests in Piteå – 100 new jobs

Increased Probability of Interest Rate Cut
1 MIN READ

Increased Probability of Interest Rate Cut

Mass Layoffs at Oil Giant
1 MIN READ

Mass Layoffs at Oil Giant

Northvolt gets reprieve from US court
2 MIN READ

Northvolt gets reprieve from US court

Proposals for new electricity areas delayed
1 MIN READ

Proposals for new electricity areas delayed