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Northvolt acquires Cuberg Inc.

Swedish battery maker Northvolt AB has acquired California-based start-up Cuberg Inc.

Cuberg has developed a battery cell that increases battery density – or the amount of energy a battery can store – but which can be integrated in existing large-scale battery manufacturing, enabling Northvolt to improve the range of its batteries with its existing production facilities.

Northvolt was represented by Mannheimer Swartling in the acquisition.


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