SVOLT will start producing its cobalt-free NMX battery cells in June.
The Chinese battery cell maker SVOLT plans to start production in Germany by late 2023.
With the mass production of cobalt-free batteries for electric cars the ICE age is over.
In-vehicle testing is underway!
Automakers like PSA that focus in the affordable car market will benefit the most from cobalt-free batteries.
It's no secret that the massification of electric cars requires batteries made with cheap raw materials, which means that they need to be cobalt free.
This battery cell is specially made to be used in battery packs assembled with the CTP technology.
CTP technology is the next step for making simpler, safer, cheaper and more energy-dense batteries.
SVOLT plans to have a global presence, including a base in Europe.