Northvolt plans to build a new Li-ion battery factory with an annual capacity of 32 GWh, aided by a €10-million investment from Siemens. This partnership will make Northvolt the main Li-ion battery supplier for Siemens and promote the use of new technologies and production methods.
The new plant is meant to be an analog to semiconductor foundries. Northvolt intends to produce batteries in only a few form factors, as processors are made, in order to focus on continually improving their standardized production. Northvolt aims to integrate, automate and digitize the entire process, including its engineering, production and service aspects. New chemistries will be created for existing standards and proprietary chemistries will be developed for high-volume customers. This is not Northvolt’s first partnership – companies such as Scania have also been motivated by the giant factory’s potential.
“The European industry is moving rapidly towards electrification,” says Northvolt CEO Peter Carlsson. “With its world-class expertise within electrification, automation and digitalization, Siemens will become an important technology partner, supplier and customer to Northvolt in this coming transition. Once we begin large-scale production, our aim is to supply the greenest lithium-ion batteries in the world.”