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The Swedish electric vehicle battery specialist Northvolt has purchased Cuberg, a US battery start-up, for an undisclosed sum. Cuberg spun out of Stanford University in 2015 with technology based on a lithium metal anode and a novel liquid electrolyte. Northvolt says Cuberg’s batteries offer 70% more capacity than conventional lithium-ion cell batteries and can be assembled on existing lithium-ion cell lines. Building on the acquisition, Northvolt intends to establish a technology center in Silicon Valley for materials R&D.
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