Oct 7, 2021

Northvolt invests $750 million to establish world’s first R&D campus covering the entire battery ecosystem

Northvolt today announced it is expanding Northvolt Labs in Västerås, Sweden, into a fully-integrated ecosystem for catalyzing technological advances in the emerging European battery industry.

With the establishment of a fully integrated European battery industry comes the need to also build industry relevant research to complement the good academic research already exsisting. The new customer center will be established to serve as a space for partners, start-ups, scale-ups and academia, to meet, collaborate and collectively drive forward European industry players engaged in battery technologies and electrification. These type of initiatives are key to arrive at the goal set up by the EU Battery Alliance for Europe to catch up with the world leading battery industries until 2025.

Read Northvolt’s announcement here.
Photo credit: Northvolt

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