Sunday, February 5, 2023
News Volvo and Northvolt Hired a Former Tesla Executive to Run their Future...

Volvo and Northvolt Hired a Former Tesla Executive to Run their Future Gigafactory

Volvo and battery making partner Northvolt will build a gigafactory in Sweden which will start producing in 2025

  • Volvo and Northvolt will build a Gigafactory to produce EV batteries in Sweden

  • The batteries will be used in Volvo and Polestar vehicles

  • The production will be led by the former head of Tesla’s Berlin Gigafactory

Volvo and Northvolt announced that their plans to build a Gigafactory are coming along, with the start of production planned for 2025.

Northvolt is a Swedish battery manufacturer that was founded in 2016 in order to help European automakers, such as Volkswagen, BMW and Volvo to make the electric transition.

The two companies had announced a partnership a few months ago, but the plans for a new battery production facility have been detailed recently.

The Gigafactory will be built in Gothenburg, Sweden, where Volvo is headquartered. This facility is part of a plan that will also see the construction of a research and development center following investments of about $3.29 billion USD.

This factory will employ close to 3,000 workers and it will have an annual production capacity of 50 gigawatt hours, enough to power 500,000 electric vehicles per year.

This will make it one of the largest battery making operations in Europe and it will help Volvo achieve its goal to become an entirely electric automaker by 2030.

The batteries produced in this facility will be used in European-made Volvo and Polestar models. The possibility of using this factory to supply assembly lines in Asia and the United States seems to have been set aside due to shipping costs and regulations.

This means that similar facilities could be built on other continents to provide batteries for the company’s vehicles that are assembled locally.

In order to lead their first Gigafactory, Volvo and Northvolt hired the former head of Tesla’s brand-new Berlin Gigafactory, Adrian Clarke.

Trending Now

A Canadian Made a 15,700-kilometer Road Trip in a Hyundai IONIQ 5

Patrick Nadeau, From Disraeli (QC), drove from his home to Mexico and back. His car is a Hyundai IONIQ 5 Long Range RWD. ...

2024 Mercedes-Benz GLE receives exterior and technology updates

The 2024 Mercedes-Benz GLE receives multiple updates this year, including improved powertrains with mild-hybrid technology   The entire 2024 Mercedes-Benz GLE lineup will offer mild...

Toyota Says the Grand Highlander will Have a Third Row fit for Adults

The Grand Highlander will be a stretched version of the mid-size SUV. Toyota will unveil this model at the Chicago Auto Show on...

The GMC Hummer EV SUV Began Rolling Off the Assembly Line Yesterday

The SUV version joins the electric pickup in the GMC lineup. The first deliveries are expected to take place before the end of...

The Suzuki Jimny is going electric, but don’t expect it in North America

The Suzuki Jimny EV won't come to North America. The little SUV is still part of the kei car category in Japan. The...


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.