Volvo and Northvolt will jointly build a 50GWh battery plant in Gothenburg, Sweden, which is expected to start production in 2025

2022-05-25 0 By

Volvo and Northvolt will jointly build a battery manufacturing plant in Gothenburg, Sweden, the two companies said in a statement. Construction will begin in 2023 and production is expected to begin in 2025.The new 50GWh plant will produce batteries specifically developed for the next generation of all-electric Volvo and Polestar cars and is expected to supply batteries for 500,000 vehicles a year.