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Jan Mrosik

Siemens to partner with Northvolt for ‘Green LIB’ supplies

Wed, 06/06/2018 - 11:18 -- John Shepherd
Siemens to partner with Northvolt for ‘Green LIB’ supplies

Siemens is to partner Swedish lithium-ion start-up Northvolt in developing “next generation Green lithium-ion batteries”.

Siemens is investing EUR10 million ($11.6m) in the partnership— through which it will become the latest international firm to work with Northvolt— whose planned lithium-ion battery manufacturing facility is being financed by the European Investment Bank.

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