Swedish lithium-ion (Li-ion) battery cell provider Northvolt has in fact presented a growth to its existing company technique in Europe. The company is preparing to develop into among the significant manufacturers of battery cells in the continent as well as likewise presently has 2 big making jobs in the pipeline.

Lately, Northvolt disclosed that it had in fact guarded a $2.75 billion monetary investment round. The round included cash money from common fund 4 to 1 Investments as well as likewise OMERS, along with money provided by existing sponsors Goldman Sachs in addition to Volkswagen. The German vehicle titan, particularly, is acknowledged to have in fact provided an in addition $620 million in this monetary investment round, which relies on top of the around $1.1 billion it has in fact presently acquired the battery service.

The money will absolutely be used to widen Northvolt’s ready capability at its primary battery production facility in Skelleftea, Sweden. This production center was expected to begin developing cells in the future in 2021 with an approach to eventually raise making to around 40 GWh yearly. Following the new monetary investment, capacity at the plant is presently expected to reach as high as 60 GWh– enough for around one million battery electric trucks (BEVs) assuming they utilize a typical 60 kWh battery pack. Volkswagen insists that about 40 GWh of this capability is prepared for its extremely own layouts, with the remainder mosting most likely to different other European vehicle makers such as Volvo.

Northvolt’s widened Swedish production center is amongst 2 validated gigafactories that will certainly give Volkswagen with cells for its upcoming BEV layouts. The second facility is due to start making in 2025 in addition to will absolutely be based in Salzgitter, Germany. This was mosting likely to be a 50-50 joint venture in between the 2 nonetheless Volkswagen picked to venture out Northvolt’s belongings of the facility before it begins treatments. Very early approaches would absolutely have actually seen this facility widen to 16 GWh yearly of capacity yet, with VW’s BEV approaches in ascendence, this has in fact presently been pushed to a ready 40 GWh of capacity– enough for around 660,000 trucks yearly believing each utilizes a typical 60 kWh battery pack.

Volkswagen has in fact validated that it prepares for to select an overall of 6 gigafactories in Europe by 2030 to maintain its battery electric vehicle production desires. While both presented previously have in fact been planned along with Northvolt, Volkswagen has in fact presently established supply links with SK Innovation in addition to LG Power Solution– both of which have in fact presented desires of moving right into the European market– so it’s practical that the remaining to be 4 facilities may be offered in engagement with amongst those service.

Northvolt has in fact presently guarded an overall of $6.5 billion of monetary investment in addition to has in fact boosted its arranged total battery capacity to 150 GWh by2030 Taking into account 100 GWh is stood for throughout both presented production centers, that still leaves an added 50 GWh of arranged production so far unaccounted for, suggesting Northvolt is probably to present at least one more big European battery production center before that day. Business has in fact safeguarded $27 billion of verified battery orders currently, with rather over fifty percent ($ 14 billion) stemming from the Volkswagen Group.

In th provided below table, we use a break down of substantial lithium-ion production center jobs in Europe tracked by GlobalData’s task information resource, being composed of completed as well as likewise advised. Call Location Standing Final Thought Capability
Notes Northvolt– NorthvoltLab as well as likewise Battery Plant Skelleftea Sweden Insufficient 2021 Q4 As Long As 60 GW/h. A recommended plant with a designated 60 GWh production capacity with each other with R&D. LG Chem– Wroclaw Electric Truck Battery Plant Wroclaw Poland Incomplete 2022 Q4
Presently around 15 GWh yet monetary investment can raise this to 65 GWh. LG Chem insists that this production center will absolutely be the largest EV battery production center in Europe with capability for 30,000 battery lots monthly. CATL– Erfurt lithium-Ion Battery Plant Thuringia Germany Insufficient 2022 Q2
Initial production will absolutely reach 14 GWh with the option to raise to 24 GWh. A suggested 110,000 m2 production center as well as likewise stockroom from China’s CATL to produce Li-ion batteries close to its European customers. SK Innovation– Komarom Lithium Battery Plant II Komarom Hungary Insufficient 2022 Q1
Meant to consist of 9.8 GWh of capacity to SKI’s existing 7.5 GWh. A second battery facility to elevate end result past SKI’s existing Komarom making center. SK Innovation– Lithium-Ion Battery Separator Plant Silesian Voivodeship Poland Insufficient 2021 Q3
Concerning 340 m m2 of lithium-ion battery separators in addition to 130 m m2 of ceramic protected separators. A maintaining plant for SKI’s treatments in the location that focuses on making Li-ion battery separators. Umicore– Nysa Cathode Item Plant Opole Voivodeship Poland Incomplete 2020 Q4
Not yet revealed. A facility to specifically make cathode components from removing big Umicore. Britishvolt/AMTE– Sibling Tathan Battery Cell Plant Vale of Glamorgan Prep Work 2027 Q4
As Long As 30 GWh. An increasing facility in Wales that will absolutely scale up as battery require increases. Capability may strike 30 GWh by 2027. VW/Northvolt– Salzgitter Battery Plant Salzgitter Prep Work 2025 Q1
Around 40 GWh. In the beginning a joint job in between VW in addition to Northvolt. The previous eventually obtained Northvolt’s share of the job. Capability technique presently as high as 40 GWh. Stellantis/Total– EV Lithium-Ion Battery Pilot Plant Nouvelle-Aquitaine Prep Work 2021 Q3
Pilot production line within an existing Saft plant. A joint venture in between PSA in addition to Saft, a Full affiliate, to boost Li-ion production in France. Stellantis/Total Douvrin France Prep Work 2023 Q4
In In between Douvrin as well as likewise Kaiserslautern, Stellantis prepares for around 50 GWh. Another joint venture in between Stellantis as well as likewise Complete quantity. Stellantis is probably to be the significant customer, nonetheless it is seeking contracts from different other OEMs. Stellantis Kaiserslautern Prep Work 2025 Q4
In In between Douvrin in addition to Kaiserslautern, Stellantis prepares for around 50 GWh. At first an Opel site. Because been pushed back throughout of 2025, this facility resulted from open up in 2024 yet this has in fact. Stellantis Rome In discussion Likely after 2025
No number yet nonetheless most likely to be above 10 GWh Kept in mind discussions in between Stellantis in addition to Rome suggest the OEM may get help to open an Italian battery cell manufacturing facility. Toray– Nyergesújfalu Lithium-Ion Battery Separator Plant Komarom Hungary Prep Work 2022 Q1
Approximately 200 m m2 of battery separator film. A plant specifically made to produce battery separator films, boosting Toray’s basic separator capacity by 20%. SK Innovation– Komarom EV Battery Plant Komarom Hungary Ended Up 2020 Q1
Around 7.5 GWh A facility for European customers including Daimler with capacity of as long as 7.5 GWh yearly. Daimler– Kamenz Lithium-Ion Battery Production Center II Kamenz Germany Ended Up 2018 Q4
No GWh number given yet, in between this as well as likewise the Deutsche ACCUmotive plant, Daimler prepares for to give 500,000 EVs every year. A second facility to give battery cells to Daimler, includes a logistics department. Deutsche ACCUmotive– Kamenz Lithium-Ion Battery Plant Kamenz Germany Ended Up 2018 Q2
As above. With the second Kamenz plant, it can produce about 500,000 lots yearly. A 40,000 m2 manufacturing facility mostly prepared to give Daimler with Li-ion cells for its EV variations. Robert Bosch– Eisenach Lithium-ion Batteries Facility Thuringia Germany Ended Up 2013 Q4
No GWh number given. Likely smaller sized than others covered listed below as an outcome of focus on 48 V battery systems. A Bosch facility developing electrical components including 48 V batteries for likewise light as well as plug-in crossbreed trucks. Bollore– Penn Carn Battery Plant Bretagne France Ended Up 2012 Q2
As Long As 1.5 GWh currently. In in between Bollore’s Penn Carn as well as likewise Canadian battery facility, it has up to 1.5 GWh of Li-ion production capacity, given that 2019. If needed,(*) Tesla– Berlin Gigafactory(*) Berlin(*) Insufficient(*) 2022 Q2(*) Around 100 GWh with option to improve.(*) Tesla will absolutely create cells in Germany along with opening a truck production treatment in the country. If needed, the line is prepared for around 100 GWh of annual capacity yet Principal Exec Police officer Musk has in fact advised it can broaden to 250 GWh.(*)