This Week in Batteries: Northvolt Sells JV Stake to Volvo.

This Week in Batteries: Northvolt Sells JV Stake to Volvo.


  • Northvolt sells stake in battery unit to Volvo, to explore North American deals (Link)
  • SolidEnergy Systems and AISPEX partner to provide 100MWh BESS at Texas crypto mining site (Link)
  • Liminal partners with Schneider Electric to develop in-line inspection and automation offering that will be compatible with all battery cell types (Link)


  • iM3NY files for bankruptcy, holds at least $125MM in debt (Link)


  • 日产 to purchase 20 GWh EV batteries from SK On for US market from 2028 onwards (Link)
  • Volkswagen ID.7 EV sedan is no longer coming to North America (Link)



  • Tesla deployed 31GWh of storage in 2024, segment benefited from $756MM tax credits (Link)
  • Alfen to supply Netherlands’ largest BESS, 31.6MW worth (Link)
  • Rocky Mountain Power and Torus partner for 70MW of BESS and flywheel storage in Utah (Link)
  • TotalEnergies seeks approval for 320MW solar-plus-storage site in Australia (Link)


  • Trump to Hit Canada, Mexico With 25% Tariffs on Saturday (Link)
  • IRS modifies BESS domestic content cost proportions, number of suppliers increases (Link1, Link2)


  • Tesla misses Q4 earnings estimates on weak sales and thinning profit margins (Link)
  • China invested $57B to control critical mineral supply chain over the past two decades (Link)
  • India approves $1.88B to develop critical minerals sector (Link)
  • On.Energy has closed a $77.6MM construction credit agreement with Pathward, NA and BridgePeak Energy Capital to build its 160MWh Palo de Agua BESS portfolio (Link)
  • Tesla Reported Zero Federal Income Tax on $2 Billion of U.S. Income in 2024 (Link)



Thank you to the 20,000+ subscribers for supporting this newsletter ??????

Follow Mouda A. for more battery industry insights ??

Volta Foundation is the world’s largest network of battery professionals. As a global not-for-profit association of more than 50,000+ battery professionals and 100+ member companies, Volta Foundation produces publications, networking opportunities, and industry resources to foster collaboration, innovation and advocacy within the battery industry. Learn more at https://volta.foundation/.


Dana Bubonovich

Director of Marketing & Communications @ Volta Foundation | Communications, Brand and Digital Marketing Expert | Certified Chief of Staff?

3 周

Love the news from TA Instruments!

回复
Arnab Baksi

Strategy & Business Development | Energy Transition | Circular Economy Advocate | Sustainability & Innovation | Texas Mccombs MBA Candidate Class of 2025

3 周

The battery industry is moving fast, with big shifts in investment, market expansion, and automation shaping its future. Northvolt selling a stake to Volvo signals a push into North America, reinforcing the need for local production and supply chain resilience. SES AI’s 100MWh BESS project in Texas shows how battery storage is becoming essential for stabilizing high-consumption industries like crypto mining. Meanwhile, Liminal teaming up with Schneider Electric to streamline battery manufacturing with automation is a major step toward efficiency and scalability. These moves highlight a clear trend - growth, innovation, and adaptability will define the next phase of energy storage.

要查看或添加评论,请登录

Volta Foundation的更多文章

社区洞察

其他会员也浏览了