Cuberg completed the acquisition of Northvolt.

Cuberg, a battery technology company, completed the acquisition of Northvolt, a European supplier of sustainable, high-quality battery cells and systems. Financial terms were not disclosed. “We are very excited to join forces with Northvolt to build the future of clean energy together. Northvolt brings incredible technology and manufacturing capabilities that will accelerate the commercialization and adoption of our lithium metal technology. Their deep engineering experience and bold spirit perfectly complement Cuberg’s own culture of rapid innovation," Richard Wang, Cuberg CEO and Co-Founder.