Northvolt news

• 3 October 2024

  Northvolt Cuts 1600 Jobs in Sweden

  Operations in Sweden are scaled back to focus on battery production, affecting 1,600 jobs. Support measures for impacted employees are in place, with ongoing union negotiations.
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  1 July 2024

  Fluor to Provide EPCM Services for Northvolt’s Battery Facility in Germany

  Fluor will handle engineering, procurement, and construction management for Phase One of a $4.8 billion lithium-ion battery factory in Germany, with completion set for 2027.
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  8 January 2024

  EU Approves €902M Aid for Northvolt's German Battery Plant

  The EU approved a €902M German aid measure to support a battery plant in Heide, aiming to boost EV production and the green transition, while ensuring fair competition within the EU.
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  24 August 2023

  Northvolt and EMR Open EV Battery Recycling Facility in Hamburg

  A new Hamburg facility recycles 10,000 tonnes of EV batteries annually, supporting Europe's circular supply chain and reducing raw material imports. Opened by Hamburg's First Mayor on August 24.
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  23 August 2023

  Northvolt secures $1.2 billion as first energy storage systems roll out

  The $1.2B funding extends a previous $1.1B note, attracting major investors. Northvolt's new plant in Poland assembles battery systems, with customer deliveries expected later this year.
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  17 August 2023

  ABB and Northvolt to Electrify World's Largest Battery Recycling Facility

  The facility will process 125,000 tons of batteries annually, supporting Northvolt's gigafactory. ABB will provide electrification to enhance energy efficiency and sustainability. Operations start in 2023.

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  15 March 2022

  Northvolt to Build Third Gigafactory in Heide, Germany

  The new gigafactory in Heide will produce 60 GWh of lithium-ion batteries annually by 2025, creating 3,000 jobs and focusing on sustainability with clean energy and recycled materials.
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  4 February 2022

  Volvo and Northvolt to Open 3,000-Job Battery Plant in Gothenburg

  The plant, operational by 2025, will produce 50 GWh of battery cells annually, support Volvo's electric car goals, and focus on sustainable production with fossil-free energy.
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  29 December 2021

  Northvolt Assembles First Battery Cell at Swedish Gigafactory

  The first battery cell was assembled at the gigafactory in Skellefteå, marking a milestone. Production will scale up to 60 GWh annually by 2022, fulfilling contracts with major automotive and industrial clients.
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  14 December 2021

  Galp and Northvolt Form Aurora to Develop Lithium Plant in Portugal

  Aurora aims to build Europe's largest sustainable lithium plant in Portugal, producing 35,000 tons annually by 2026, supporting the battery value chain and energy transition efforts.
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  9 June 2021

  Northvolt Secures $2.75 Billion to Expand Swedish Gigafactory to 60 GWh

  The funding will boost battery cell production, R&D, and recycling. Northvolt plans to build more gigafactories in Europe, with potential sites in Germany, to meet growing demand for electric solutions.
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  19 February 2021

  Northvolt to Build Europe’s Largest Energy Storage Factory in Poland

  A $200M expansion in Gdańsk will boost battery production to 5 GWh by 2022, with potential for 12 GWh. The project includes an R&D center and will create 500 jobs, using renewable energy sources.
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  25 October 2019

  Construction Starts at Northvolt Ett in Sweden

  Construction has begun on a major lithium-ion battery factory in Skellefteå, Sweden, with the first steel columns raised. The facility will feature extensive automation and aims to deliver cells by 2021.
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  12 June 2019

  Northvolt Raises $1 Billion for Europe's First Lithium-Ion Gigafactories

  Northvolt plans a second gigafactory in Germany with Volkswagen. The European Investment Bank approved a $400M loan. Production at Northvolt Ett starts in 2021, with expansion to 32 GWh.
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  15 May 2019

  EIB Supports Northvolt’s Swedish Battery Gigafactory

  The EIB has agreed in principle to finance a gigafactory in Sweden, aiming to produce 32 GWh of battery capacity annually using 100% renewable energy, supporting Europe's green energy transition.