The new gigafactory increases Northvolt’s pipeline of battery manufacturing capacity under development to over 170 GWh, thereby advancing the company on its mission to deliver batteries in a manner characterized by clean energy and circularity that is fundamentally different from approaches dominating the global industry today. Peter Carlsson, Co-Founder and CEO of Northvolt, comments: “We’re excited to announce Northvolt Drei – a project which fits well into a promising future cluster of clean technology ventures emerging in northern Germany and advances the wider European transition towards a sustainable society within which Germany plays a crucial role.” Envisioned to produce its first batteries in 2025 and provide some 3,000 new jobs, a central intention of Northvolt Drei is to deliver high-performance lithium-ion batteries, produced with the lowest environmental…
