Northvolt and CAKE Sign Letter of Intent for Fossil Fuel Free Battery
Stockholm, Sweden – CAKE, the Swedish manufacturer of lightweight electric performance motorcycles, signed a letter of intent late last year with the Swedish battery developer and manufacturer, Northvolt, to form a long-term partnership for the supply of sustainable battery cells for their line-up of electric motorcycles.
With large-scale production starting in 2021 at Northvolt Ett gigafactory, Northvolt is set to manufacture the greenest batteries in the world, upholding a commitment to a minimal carbon footprint and the highest standards for recycling. Northvolt Ett cell manufacturing is powered by 100 percent renewable energy and embraces the principles and practices of a circular economy at every opportunity. Moreover, Northvolt is setting a new benchmark for sustainable manufacturing, sourcing materials from responsible suppliers, and ensuring that their supply and distribution chain is free from conflict, child labor, and human rights abuse.
“What Northvolt is doing here truly supports our mission toward zero-emissions. The Northvolt concept of fossil-fuel-free manufacturing of battery cells and their commitment to recycling means that we will take a giant leap forward in our mission, charging the way forward in supporting our obligation to a power source that is green, clean, and sustainable,” remarked CAKE Founder and CEO, Stefan Ytterborn.
The initial phase of the partnership between CAKE and Northvolt will occur through 2021. Over the next year, teams will be developing the technology, engineering product, and launching the initial phase of product field testing. The goal is to bring the Northvolt battery cells for CAKE’s future battery technology to market with various CAKE motorcycle models during the first half of 2022.
“CAKE is challenging an entire industry with their concept, showing what a modern, sustainable motorcycle can be. We look forward to providing the team with cost-efficient, green battery cells of the highest quality to support their mission,” commented Peter Carlsson, Co-Founder and CEO of Northvolt.
To hear more about this collaboration and the shared commitment CAKE and Northvolt have to a green future, tune into episode #3 of the Northvolt podcast series, volt cast. In the episode, Stefan Ytternborn talks more about the responsibility we have to transitioning toward a zero-emission future and the small, but significant role CAKE is playing in this effort.