Sweden

Sweden celebrates the 5th anniversary of the EBA with establishment of a second gigafactory

At the launch of the European Battery Alliance (EBA) in 2017 there was virtually no cell production capacity in Europe. And Northvolt’s endeavour to build a battery manufacturing plant was seen with a lot of scepticism. Today, Europe’s green industrial revolution is a fact. The EBA has in just 5 years turned Europe into a

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Nordic Battery Thursdays

Welcome to a webinar series dedicated to Nordic collaboration and opportunities in a booming battery industry The goal towards net-zero emissions along with market specific regulations and other catalyzing activities have initiated a deep transformation of the energy and transport sectors. Europe is working actively to build an independent and sustainable battery value chain to

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Senior Technology Material invests €250 million in Sweden

Shenzhen Senior Technology Material announces today its plan to invest 250 million euros until 2025 to establish a production facility at Svista industrial estate in Eskilstuna, Sweden. The facility will be one of Europe’s largest factories of its kind and will supply Northvolt with separator film for lithium-ion batteries. Shenzhen Senior Technology Material Co., is

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Supply of graphite from Europe

Talga, Mitsui and LKAB confirm intent for joint development of the Vittangi graphite mine and battery anode production. Graphite is an important raw material needed for the production of Li-ion battery types. Today most anode materials are graphite-based, derived from either natural or synthetic graphite. For natural graphite there are existing requirements related to flake

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German government supporting the financing of battery cell factory in Sweden

Germany’s Federal Ministry of Economics (BMWi) reported yesterday that it will support the financing of Northvolt’s battery cell factory in Sweden with a state guarantee of $525 million. As stated in BMWi press release, German automotive companies are significantly involved in the project. Volkswagen and the BMW Group have indeed entered into a strategic cooperation

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Northvolt could secure a 350M euro loan from the European Investment Bank

The European Investment Bank (EIB) announces in-principle loan agreement to the Swedish start-up Northvolt. Founded in 2016, Northvolt is expected to receive a loan of 350 million euro – EIB’s largest ever direct financing of battery technology. This financing will support the construction of its large-scale lithium-ion battery cells manufacturing plant in Skellefteå, Sweden. A

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