Swedish Northvolt announces € 4B battery Gigafactory in Germany
Known as the “Northvolt Drei”, the facility will be a new 4 billion euro Gigafactory battery by the Swedish company Northvolt. It will be located in northern Germany in the city of Heide, which will be the company’s third production facility. The factory will have an annual capacity of at least 60 gigawatts, also the first factory outside Sweden.
Northvolt’s CEO Peter Carlsson said that the area offers everything a battery company would want: support from local authorities and lots of talent to choose from. “In Heide, we really found a place where we could combine all our requirements: attract talent and feel support for our efforts to build the world’s greenest batteries,” said Carlsson. “With the energy mix in Schleswig-Holstein, with the sea breeze coming in, but also with the connection to Denmark and Norway in the energy flow we saw that this is probably the best place for us Germany to build this lineup. “
In December, Northvolt became the first European company to design, develop and build a lithium-ion battery cell entirely in Europe. The cell was prismatic and not cylindrical as many EV enthusiasts are familiar with, as in Tesla’s vehicles. Prismatic cells consist of large sheets of anodes, cathodes, and separators that are coiled, coiled, and pressed to fit in a cubic metal or hard plastic casing, as reported by All About Circuits.
Germany
Germany is Europe’s leading production site for electric cars with a capacity of 485 gigawatt hours in both existing and planned facilities, says Northvolt in a statement quoting Handelsblatt. With major electric car players such as Tesla investing in a huge Gigafactory facility near Berlin, which will be launched in just one week, other battery manufacturers have flocked to the region. CATL, SVOLT and PSA Group have all announced projects in the region. Tesla also plans to build its 4680 cells in Germany in the coming years. German authorities, including the country’s Trade and Invest group, expressed support for Northvolt’s new facility.
“We welcome Northvolt’s decision to come to Heide, which not only gives the company proximity to Europe largest vehicle market but also access to Of Germany highly skilled workforce as well, ”German Trade & Invest (GTAI) CEO in Robert Hermann. “Northvolt is a great complement to the growing battery production landscape here in the heart of Europe. ” Heide is located near Hamburg, a large metropolitan area that has several technical colleges and universities known for its expertise in technology. In addition, Hamburg had a reputation as a city but also has a rural feel, as many surrounding cities offer significant land mass, which is suitable for manufacturing projects. Northvolt said that Heide offered “the space needed to establish a battery plant of sufficient size to take advantage of the economies of scale of production.”
Credits- Teslarati