To expand battery systems capabilities in Poland, Northvolt invests USD 200 million in Gdansk. The expansion helps to establish Europes largest factory for energy storage solutions. The new 12 GWh facility will create 500 new jobs in the Gda?sk region.
- Entering into production in 2022, a new factory will have an initial annual output of 5 GWh, and potential future capacity of 12 GWh.
- The expansion includes a new engineering R&D center of excellence in the Gda?sk region.
The prominent deals and expansions by Northvolt are feature below:
Nov 2020: CAKE, the Swedish manufacturer of lightweight electric performance motorcycles, signed a letter of intent 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.
Northvolt plans 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.
July 2020: In pursuit of expanding its offering of electromobility solutions, the BMW Group had signed a long-term supply contract worth 2 billion euros for battery cells with Northvolt. The battery cells will be produced from 2024 at Northvolt Ett gigafactory, currently under construction in Skellefteå, northern Sweden.
June 2020: Northvolt and Hydro announced the formation of a joint venture, Hydro Volt, to enable recycling of battery materials and aluminum from the Norwegian market for electric vehicles. Hydro Volt announced to establish a recycling hub in Norway.
Northvolt, headquartered in Stockholm, Sweden, is a global high-quality battery cells and systems supplier. The company delivers the worlds greenest lithium-ion battery with a minimal CO2 footprint, in addition to smart diagnostics. The company has presence in about 75 countries and employs more than 1000 people worldwide. Northvolt has manufacturing facilities in Sweden, Germany and Poland.