Swedish battery maker Northvolt has said it will shift development of its next-generation lithium-metal battery technology from California to its R&D campus, Northvolt Labs, in Västerås, Sweden.
In its release, the firm said: “The transfer reflects a strategic move to consolidate the R&D and industrialization of Northvolt’s cell product […] into one location.”
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Northvolt acquired California battery technology company Cuberg in 2021. The said the decision to move followed a “detailed assessment” of the technology and its market applications undertaken by the Cuberg leadership team in close collaboration with Northvolt.
Shauna McIntyre, CEO of Cuberg, said: ” The move strengthens Northvolt’s long-term commitment to advanced battery development and better positions it to engage industry first-movers with a technology that holds great promise.”
