Both factories Northvolt Ett (set to be the largest battery-making factory in the world once fully operational in 2022) and Northvolt Labs, which collaboratively aim to have 150GWh of annual production by the end of the decade, use Sweden’s large amount of renewable hydroelectric power to produce cells as sustainably as possible.
Batteries enable the phasing out of fossil fuels and increase flexibility in the electricity system through energy storage. The Swedish battery industry is at the forefront. Sweden also has related strengths and opportunities in areas such as vehicles and electrical systems, as well as a strong mining cluster.
Batteries are a crucial piece of the puzzle if we are to achieve Sweden’s climate goals with net-zero emissions by 2045. Batteries enable the phasing out of fossil fuels and increase flexibility in the electricity system through energy storage. The Swedish battery industry is at the forefront.
Northvolt was established in 2016 in Stockholm, Sweden. Pioneering a sustainable model for battery manufacturing, the company has received $55 billion in orders from key customers, including BMW, Fluence, Scania, Volvo Cars and Volkswagen Group.
Central to Northvolt’s vision is clean energy, recycling and sustainable processes – all geared to ensure that its gigafactory would produce the world’s greenest battery.
Deep in a dense, sub-Arctic pine forest in northern Sweden, a flat grey structure blends into both the snow and the overcast horizon. This improbable location is the birthplace of one of the most important industrial projects in Europe: its first homegrown battery factory.
Swedish battery maker Northvolt is making significant progress towards raising a new financing package, it told Reuters on Monday. The group has been in talks with …
Batteries are a crucial piece of the puzzle if we are to achieve Sweden''s climate goals with net-zero emissions by 2045. Batteries enable the phasing out of fossil fuels and …
Not only has the Swedish startup built Europe''s largest battery manufacturing plant, but at the …
Deep in a dense, sub-Arctic pine forest in northern Sweden, a flat grey structure blends into both the snow and the overcast horizon. This improbable location is the birthplace of one of the most ...
Batteries are a crucial piece of the puzzle if we are to achieve Sweden''s …
The company has received billions in funding from investors such as Goldman …
In Skellefteå, production is meant to increase rapidly this year even as construction to get the factory to produce enough batteries for 1mn cars annually carries on …
European battery market growth to drop off amid falling electricity prices The latest analysis from SolarPower Europe reveals that, in 2023, Europe installed 17.2 GWh of new battery energy storage systems …
Swedish battery maker Northvolt said Wednesday it created a lithium-ion battery cell, the first by a European company, and plans to ship it to companies to power electric vehicles next year.
OverviewLocationsHistoryStructure, partnerships and ownershipExternal links
The headquarters of Northvolt are in Stockholm. Its center for research and development is situated in Västerås, Sweden. Northvolt Ett (swedish: "one") is a gigafactory located in Skellefteå, northern Sweden, with a goal output of 60GWh. When finished, it would be the largest factory in Swedish history, possibly creating challenges for newcomers and th…
Volvo Cars and Northvolt will set up a joint venture to build a new battery gigafactory in Europe and develop energy cells for the Swedish premium carmaker and its …
Adding three new battery parks with a total capacity of over 70 MW to its portfolio, the company is now optimizing over 200 MW of energy assets, making it Sweden''s …
Stockholm, Sweden – Northvolt today announced a state-of-the-art sodium-ion battery, …
Northvolt has made a breakthrough in a new battery technology used for energy storage that the Swedish industrial start-up claims could minimise dependence on China for the green transition.. The ...
Northvolt AB is a Swedish battery developer and manufacturer, specialising in lithium-ion technology for electric vehicles. [4] Founded in 2015 by two former Tesla executives, it …
Stockholm, Sweden – Northvolt today announced a state-of-the-art sodium-ion battery, developed for the expansion of cost-efficient and sustainable energy storage systems worldwide. The cell …
Oct 11 (Reuters) - Lynk & Co debuted its new battery-electric 02 vehicle in Europe on Friday as the Chinese-Swedish brand looks tap into new markets and boost sales.