What is lithium-metal battery technology?

Lithium-metal battery technology refers to a type of battery that uses lithium metal as an anode, offering higher energy density and potentially longer life compared to traditional lithium-ion batteries.

R&D stands for Research and Development, a process where companies invest in developing new products or improving existing ones to enhance their market position and meet customer needs.

What is a strategic review?

A strategic review is a comprehensive assessment of a company's strategies, operations, and market position, aimed at identifying areas for improvement and aligning future goals.

What is a customer order?

A customer order is a request made by a customer to purchase goods or services from a company, often specifying quantities, prices, and delivery details.

What is consolidation in business?

Consolidation in business refers to the process of combining multiple entities or operations into a single, more efficient organization to improve performance and reduce costs.

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Battery maker Northvolt to shift R&D from California to Sweden

Published by Uma Rajagopal

Posted on August 20, 2024

1 min read

Last updated: January 29, 2026

Northvolt consolidates R&D for lithium-metal batteries from California to Sweden - Global Banking & Finance Review — This image represents Northvolt's strategic decision to relocate its lithium-metal battery R&D hub from California to Vasteras, Sweden, as reported in the banking and finance news article. The move aims to enhance efficiency and consolidate operations.

Battery maker Northvolt to shift R&D from California to Sweden

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