• Northumberland-based battery company Britishvolt has avoided collapse by securing additional funding for the business.
Source: Yahoo news
• Panasonic is slated to begin construction of its planned electric vehicle battery plant in De Soto (Kansas, US) sometime in November, with production set to start by March 2025.
Source: Battery industry
• Canoo (NASDAQ: GOEV), a leading high-tech advanced mobility company has announced a battery module manufacturing facility at MidAmerica Industrial Park in Pryor, OK. The new facility will expand Canoo’s manufacturing and employment footprint in the region.
Source: Batteries news
• The high energy prices are probably slowing down the construction of Northvolt’s planned battery factory in Germany. Northvolt CEO Magnus Carlsson confirmed this in an interview. A decision has not yet been made, but Northvolt is already considering an alternative location.