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STOCKHOLM — Swedish battery group Northvolt said on Wednesday it has opened its "gigafactory" in northern Sweden, the first of its kind to be undertaken by a European company on the continent.Intended to compete with US electric car giant Tesla and Asian producers of lithium-ion batteries, the factory in Skelleftea assembled its first battery cell on Tuesday, Northvolt said.
STOCKHOLM - Swedish battery group Northvolt said Wednesday it has launched its "gigafactory" in northern Sweden, the first of its kind to be undertaken by a European company on the continent.
Swedish battery group Northvolt said Wednesday it has launched its "gigafactory" in northern Sweden, the first of its kind to be undertaken by a European company on the continent.
Swedish battery group Northvolt AB yesterday said it had begun construction of a “gigafactory” in Sweden, the first of its kind to be undertaken by a European company on the continent. Intended to compete with the US’ Tesla Inc and Asian producers of lithium-ion batteries for electric vehicles, the factory in Skelleftea in northern Sweden assembled its first electric cell “last night,” Northvolt said in a statement. Once at full capacity, the site is expected to produce enough batteries to power 1 million electric vehicles annually, with an annual production capacity of 60 gigawatt-...
Swedish battery group Northvolt said Wednesday it has launched its "gigafactory" in northern Sweden, the first of its kind to be undertaken by a European compan