Northvolt produces its first lithium-ion battery cell

Mittwoch, 29. Dezember 2021 13:24

Swedish battery maker Northvolt announced on Wednesday its first lithium-ion battery cell at its factory in Skelleftea.

"Marking a new chapter in European industrial history, the cell is the first to have been fully designed, developed and assembled at a gigafactory by a homegrown European battery company," Northvolt said in a press release and noted it will start commercial customer deliveries from the factory in 2022.

Northvolt added it plans to increase its production capacity over the next few years in order to fulfill over $30 billion worth of contracts with key customers, including BMW, Fluence, Scania, Volkswagen, Volvo Cars and Polestar.

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Baha Breaking News (BBN) / NP