Latest news with #BritishvoltLtd.
Bloomberg
10-03-2025
- Automotive
- Bloomberg
Norway's Morrow Nears Battery-Cell Output After Industry Flops
Norway's Morrow Batteries AS is poised to begin production of lithium-iron phosphate cells at its factory in southern Norway, looking to learn from the failures of other European producers. After setbacks at Northvolt AB, Britishvolt Ltd. and Freyr Battery, Morrow is among a handful of the remaining European manufacturers seeking to prove that regional producers can carve a niche in the Chinese-dominated market. The Arendal, Norway-based company is targeting batteries for energy storage systems and heavy machinery, rather than electric cars.
Bloomberg
26-02-2025
- Automotive
- Bloomberg
UK Battery Maker Adopts Chinese Tech to Avoid Britishvolt Fate
After the collapse of Britishvolt Ltd., another startup is having a go at making batteries in the UK. This one, though, doesn't plan on building its own in-house technology or racing to build a giant battery factory. Coventry-based Volklec has reached a license deal with the battery arm of China's Far East Smarter Energy Co. that will allow it to start producing batteries for products like electric bikes later this year at the UK Battery Industrialisation Centre in its home city. The UK startup will use the Chinese firm's technology to begin making cells next year for cars and other sectors such as aerospace and marine craft, which are also adopting electric power.
