Northvolt & Sunwoda reach Benchmark Tier One status for EV lithium ion battery output

Swedish startup Northvolt and China’s Sunwoda have reached Benchmark’s Tier One electric vehicle battery cell manufacturer status, as assessed by Benchmark in its Lithium ion Battery Gigafactory Assessment, as they expand capacity to challenge established producers such as CATL, BYD and LG Energy Solution. Northvolt, which was founded in 2016, shipped its first cells to […]