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The picture shows the new European super-battery factory Northvolt in northern Sweden, which aims to compete with giant manufacturers such as Tesla or the Chinese.
Swedish company Northvolt said its initiative is the first of a European company on the continent. The lithium-ion battery factory of modern appliances, in the Skeleftea region has today launched its first products, the company said.
“We are marking a new chapter in European industrial history,” said the company, which is expected to produce power for 1 million electric vehicles a year. Company CEO Peter Carlsson said the road to get here was long.
“This is only the beggining. “In the coming years we will expand production capacity to enable supply throughout Europe,” he added. Tesla is also expected to complete such a plant in Europe as Asian rivals have conducted significant operations in Poland and Hungary.
Northvolt says it has already secured $ 30 billion in orders from European electric car makers.
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