Tag: Battery Manufacturing

Scania takes over Northvolt division to preserve Europe’s battery industry

Scania buys the Northvolt industrial battery unit, reviving a $6M deal halted by Northvolt’s recent bankruptcy. The unit makes battery systems for heavy-duty sectors, employs 260 people, and will continue operations under Scania. Northvolt’s collapse—due to...

EV production is set to double by 2035: Is the UK poised to meet battery demand?

Battery demand is soaring as BEV production is set to double by 2035, with the UK aiming to export 80% of its EV output. Record-breaking UK EV sales and booming US demand are driving the...

Volklec brings independent battery manufacturing to the UK, creating 1,000 jobs

Volklec becomes the UK’s only independent battery manufacturer, partnering with China’s Far East Battery (FEB) to produce lithium-ion cells at UKBIC. Production begins in 2025, with two types of 21700 cylindrical battery cells for e-mobility...