Northvolt Will Set Up a New Factory in Germany!
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- In 2025, a new facility in Germany called Northvolt will begin manufacturing lithium-ion batteries.
- Northvolt’s main clients include BMW, Volkswagen, and Volvo.
As European carmakers speed their migration to electric vehicles, Swedish battery company Northvolt AB is establishing a new facility in northern Germany.
The plant, called “Northvolt Drei,” is expected to manufacture 60-GWh of battery capacity each year, according to the manufacturer. The facility is expected to manufacture its first lithium-ion batteries in 2025, according to Northvolt.
Northvolt’s entire battery cell production capacity will increase to more than 170 GWh, the highest capacity of any European battery manufacturer. The company has a plant in Skelleftea, Sweden, as well as a plant in Gothenburg, which is now under construction.
Northvolt claimed in a statement that the facility will be built in Heide, Schleswig-Holstein, Germany‘s northern region which neighbors Denmark and divides the Baltic Sea from the North Sea, and will have accessibility to “Germany’s cleanest energy grid.” The region has grid interconnections with Norway and Denmark and has surplus electricity from onshore and offshore wind energy.
Since early 2016, Northvolt has received more than $50 billion in contracts from electric vehicle manufacturers such as Volvo Car AB, BMW AG, Polestar, and Volkswagen AG.
According to Peter Carlsson, CEO of Northvolt, “the Heide project fits well with a promising future cluster of growing clean technology initiatives in northern Germany.”