In July 2017 Northvolt took the next step towards establishing a large-scale battery factory in Europe. After an in-depth analysis of eight Swedish and two Finnish municipalities deemed candidates for the location of Northvolt's first factory a decision was made to move forward with either Västerås or Skellefteå. During the coming fall, public consultations for the establishment of a large-scale production of lithium-ion batteries will be undertaken in the two Swedish municipalities.

• Northvolt will build Europe’s largest battery factory.

• Batteries are key in the transition from fossil fuel to renewable energy. Electrification and renewable energy storage are the keys to a carbon neutral society. Batteries will enable the transition.

• Northvolt’s first large-scale battery production facility will require a $4 billion investment over six years. The factory will have four blocks of 8 GWh capacity at a site the size of nine soccer fields which will employ 2.500 people.

• The Nordic countries were a natural choice for the location of a first factory: They offer access to clean water, inexpensive, carbon neutral energy with a stable electric grid along with a highly educated work force, academic competence and a large number of multinational corporations with the right profile.

• Northvolt assessed eight Swedish and two Finnish municipalities to identify the optimal site for its first production facility.

For more info, see www.northvolt.com

The story of Northvolt is the story of one man's vision. Peter Carlsson's career path and the inside story of Northvolt: Right man, right time, right place ...