Northvolt

Northvolt plans to expand gigafactory in Poland

Energy Storage Feed

Swedish battery manufacturer Northvolt is planning to invest another $200 million in its Polish production facility in Gdansk, in northern Poland.

“The investment will facilitate a ramp-up in the manufacturing capacity of battery modules and systems in order to fulfill contracts that Northvolt has secured with customers seeking long-term, high-volume supply agreements for complete battery system solutions across grid and industrial markets,” Northvolt CEO Peter Carlsson said.

In addition to the Swedish and Polish gigafactories, Volkswagen and Northvolt are planning a 50-50 joint venture to establish another 16 GWh battery cell factory, with Salzgitter in Lower Saxony, Germany, the favored location.

IMAGE SOURCE: GOOGLE