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Marubeni plans Li-batteries tie-up with Northvolt

Mon, 05/21/2018 - 10:26 -- John Shepherd
Marubeni plans Li-batteries tie-up with Northvolt

Japan’s Marubeni Corporation has become the latest Asian player vying for a stake in Europe’s evolving battery cells business through a deal with Swedish lithium-ion firm Northvolt.

Marubeni and Northvolt have signed a memorandum of understanding to collaborate, in a move that could see the Japanese conglomerate supply LIB manufacturing equipment and raw materials.

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