Northvolt has announced the acquisition of Cuberg, a battery company delivering lithium metal cells produced on existing lithium-ion manufacturing lines.
Cuberg says its cells, which are based on its electrolyte technology for lithium metal anodes, deliver more than 70 percent increased capacity versus comparable lithium-ion cells. Building on this foundation, Northvolt and Cuberg will expand their automotive and industrial product portfolio with the goal of producing cells that exceed 1,000 Wh/L by 2025.
Northvolt plans to establish an advanced technology center in Silicon Valley, and is hiring battery industry talent to support these efforts. In addition to accelerating the lithium metal cell development and optimizing the technology for automotive applications, the new center will focus on materials R&D for lithium-ion anode and electrolyte technologies.
“Combining Cuberg’s strengths with the capabilities and technology of Northvolt allows us to make significant improvements in both performance and safety while driving down costs for the next-generation battery cells,” said Northvolt CEO Peter Carlsson. “This is critical for accelerating the shift to EVs and responding to the needs of the leading automotive companies within a relevant time frame.”