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Swedish EV battery maker raises $1.2B to expand to North America

TechCrunch: Climate

Northvolt, a Swedish producer of lithium-ion batteries, has raised around $1.2 billion from BlackRock and various Canadian pension plans to build new factories in North America and Europe, according to report from Reuters. If Northvolt builds in the U.S., […]

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Mercedes to launch branded EV fast charging network, starting in North America

Charged

Mercedes-Benz plans to launch a DC fast charging network across North America, Europe, China and “other key markets.” It will begin this year in the US and Canada, and hopes to have the full network in place before the end of the decade, when the automaker means to go all-electric “wherever market conditions allow.”.

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Honda hopes to go electric in North America by 2040, will develop solid-state batteries

Charged

Following Toyota’s announcement of a new line of battery-electric vehicles , Honda now says it plans to make battery-electric and fuel cell vehicles 100% of its North American sales by 2040. Honda also announced a goal to make solid-state batteries available for new Honda EV models in the second half of the 2020s.

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Volvo Heavy Duty Electric Trucks demonstrates in North America

Green Living Guy

For they now are offering a first look at its North American Class 8 battery-electric project trucks. In Europe, Volvo Trucks recently started sales. The post Volvo Heavy Duty Electric Trucks demonstrates in North America appeared first on Green Living Guy.

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Automakers are shifting battery plant plans from Europe to the US. Does the European Commission have a solution?

Charged

In my latest Charging Forward column, which appears in the current print issue of Charged , I wrote of “a pointless fight between the US and Europe over the Buy American provisions of the IRA/BIL,” and opined that “as the details of the new rules are worked out, they’ll surely be brought into harmony with existing free-trade agreements.”

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Kiwi Power Looks to Bring European Virtual Power Plant Expertise to North America

GreenTechMedia

More recently, it’s added 80 megawatts of behind-the-meter batteries to its virtual power plant portfolio. ” Europe's lead in integrating distributed energy resources. Kiwi is far from the only European company targeting distributed energy market opportunities in North America. Europe is ahead of the U.S.

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Stellantis and Orano enter EV battery recycling agreement

Charged

Automaker Stellantis and nuclear energy company Orano have signed a memorandum of understanding to form a joint venture to recycle EV batteries and scrap. Stellantis will have access to cobalt, nickel and lithium from gigafactories in Europe and North America for electrification and energy transformation.

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