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Volkswagen-backed Northvolt to develop wood-based batteries for EVs

Volkswagen-backed Northvolt to develop wood-based batteries for EVs

This image from 2007 shows logs and wood chips outside a Stora Enso paper mill in Finland. The firm says it’s “one of the largest private forest owners in the world.”

Suzanne Plunkett | Bloomberg | Getty Images

Northvolt will partner with Stora Enso to develop batteries that incorporate components produced using wood sourced from forests in the Nordic region.

A joint development agreement between the firms will see them work together on the…


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