Northvolt acquires United States battery technology business

• Move to acquire Cuberg will certainly be complied with by brand-new Silicon Valley centre

Swedish energy storage organization Northvolt has acquired US-based battery technology organization Cuberg, which supplies high-performance lithium steel cells generated on existing lithium-ion manufacturing lines for electromobility options.

Northvolt will certainly establish an innovative technology centre in Silicon Valley based on the Cuberg procurement and is actively employing leading battery market talent to support these initiatives.

In addition to accelerating the lithium steel cell development and also optimizing the technology for vehicle applications, the brand-new centre will certainly focus on products research and development for best-in-class lithium-ion anode as well as electrolyte technologies.

The centre will allow Northvolt to involve and companion with the leading technology companies and universities in Silicon Valley, with the objective to bridge recurring research efforts between Europe as well as North America.

It will certainly also work as a testbed for methodologies leveraging digitalisation, expert system and artificial intelligence.

Cuberg spun out of Stanford University in 2015 with the goal of commercialising next-generation battery technology based upon a liquid electrolyte integrated with a lithium steel anode.

It counts various innovative flexibility firms among its consumers, consisting of Boeing, BETA Technologies, Ampaire as well as VoltAero.

The firm's capitalists as well as monetary backers include Boeing HorizonX Ventures, Activate.org, the California Energy Commission, the US Department of Energy, as well as the TomKat Center at Stanford.

Northvolt president and also co-founder Peter Carlsson claimed: "The Cuberg group has revealed exceptional capability to establish first-rate technology, verified outcomes as well as an exceptional customer base in a lean and efficient organisation.

"Integrating these toughness with the abilities and technology of Northvolt allows us to make considerable enhancements in both efficiency as well as security while driving down price even further for next-generation battery cells.

"This is crucial for accelerating the shift to fully electric automobiles as well as responding to the requirements of the leading vehicle business within an appropriate timespan.

Cuberg's batteries, based on its breakthrough electrolyte technology for lithium steel anode, are optimally designed for commercialisation.

The cells have actually been validated as providing more than 70% boosted variety as well as ability versus comparable lithium-ion cells developed for high-rate electrical air travel applications.

Building on this foundation, Northvolt as well as Cuberg will certainly develop its auto and commercial product portfolio with the passion to industrialize cells in 2025 that go beyond 1,000 Wh/L, while satisfying the complete spectrum of automobile customer demands.

Critically, Cuberg's technology resolves the biggest challenge with arising battery technologies, which is effective production scale-up.

Cuberg has actually currently shown compatibility of its technology with the existing lithium-ion manufacturing community, which decreases time to market as well as enables fast commercial deployment in the electromobility market.

The new technology will be deployed at range in electromobility markets within three years, beginning with electrical air travel.