Stora Enso and Northvolt partner to develop wood-based batteries
STORA ENSO OYJ INVESTOR NEWS RELEASE 22 July 2022 at 08:29 EESTStora Enso and Northvolt are joining forces to create sustainable batteries using lignin-based hard carbon produced with renewable wood from the Nordic forests. The aim is to develop the world’s first industrialised battery featuring anode sourced entirely from European raw materials, lowering both the carbon footprint and the cost. The companies have entered into a Joint Development Agreement to create a sustainable battery featuring anode produced from renewable raw materials sourced sustainably and locally in the Nordic