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Northvolt to build 100 GWh/year cathode material plant in Sweden; reusing shuttered pulp and paper mill

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Northvolt and Stora Enso recently signed a letter of intent on a purchase of the Kvarnsveden Mill and the surrounding industrial area in Borlänge, Sweden. Northvolt will develop the site into a manufacturing plant for active material and battery cells, reusing and refurbishing much of the existing facilities and site infrastructure.

Sweden 443
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Volvo Cars building €1.2B EV manufacturing plant in Slovakia; third in Europe

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Volvo Cars will build a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and capture future growth potential. million cars by mid-decade, which it aims to meet with a global manufacturing footprint spanning Europe, the US and Asia.

Slovakia 273
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Volvo Cars and Northvolt to build battery gigafactory in Gothenburg, Sweden; up to 50 GWh

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Volvo Cars and Northvolt have selected Gothenburg, Sweden to establish a new battery manufacturing plant which will commence operations in 2025, and complement the planned R&D center that both companies announced in December as part of an investment of approximately SEK 30 billion (US$3.3 Earlier post.).

Volvo 195
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BMW Group plans to source steel produced with green power and hydrogen from H2GS in Sweden

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H2 Green Steel is building its steel production site in the province of Norrbotten in northern Sweden, close to the Arctic Circle. The company also uses local green power for the remainder of the manufacturing process. BMW Group press plants in Europe process more than half a million tonnes of steel per year.

Sweden 341
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Volvo Cars, Northvolt to open R&D center as part of $3.3B investment in battery development and manufacturing; finalized JV

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Volvo Cars and Northvolt will open a joint research and development (R&D) center in Gothenburg as part of a SEK 30 billion (US$3.3 billion) investment in battery development and manufacturing. Volvo Cars is working with Northvolt to create an end-to-end system for batteries, whereby it develops and builds the batteries itself.

Volvo 170
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Northvolt raises $2.75B to expand battery cell manufacturing capacity; Swedish gigafactory to 60 GWh

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Northvolt’s first gigafactory, Northvolt Ett, in Skellefteå, Sweden, will be expanded from the earlier plan of 40 GWh to 60 GWh of annual production capacity in order to meet the increased demand from key customers, including a $14-billion order from Volkswagen announced earlier this year.

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BMW Group to build new pilot plant to produce Li-ion cells

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The company just opened a separate Battery Cell Competence Center in Munich in November 2019, covering the entire battery cell value chain, from research and development to battery cell composition and design, all the way to large-scale manufacturability. Assembly of the battery cell at the Battery Cell Competence Center.

Li-ion 338