Europe's $12 Billion Tesla Battery Rival Produces Its First Lithium-Ion Cell
Headline from NBC10 Philadelphia
Northvolt has produced its first lithium-ion battery cell at its factory in Skellefteå, meeting its deadline to start production before the end of 2021.
NBC10 Philadelphia's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Swedish battery group Northvolt said Wednesday it has launched its "gigafactory" in northern Sweden, the first of its kind to be undertaken by a European company on the continent.
Northvolt has produced its first lithium-ion battery cell at its factory in Skellefteå, meeting its deadline to start production before the end of 2021.
The first fully European designed, developed and assembled battery maker, Northvolt plans to deliver up to 60GW a year of commercial battery capacity, and has confirmed it is holding more than US$30 billion in supply contracts.