Volvo has announced the largest 50-gigawatt-hour battery plant in Gothenburg, Sweden,

Volvo has announced the largest 50-gigawatt-hour battery plant facility, which is a joint venture with another company called Northvolt, is set to come online in 2025 and is expected to employ 3,000 people.

Volvo Northvolt Battery Plant – Outside

^{This new factory is powered by fossil-free energy, so don’t expect high-rise smoke emitting harmful fumes}

  Volvo

Volvo, in partnership with Northvolt, a supplier of sustainable battery cells and related systems, announced Friday that it will open a new joint venture manufacturing plant.  The facility is located in the automaker’s home town of Gothenburg, Sweden, in Torresland.  The unit is expected to begin manufacturing batteries for Volvo and Polestar vehicles by 2025.

The factory, which will be strategically located near Volvo’s largest assembly plant, is the result of a combined investment of about $ 3.3 billion from two companies of about 30 billion Swedish kronas.  That cost, announced in December, also includes a new research and development centre.  That facility in Gothenburg will start operating this year.

  Volvo Northvolt Battery Plant – Cell

  Real production battery cells probably don’t look this fancy.

  Volvo

  Construction of the new factory at Volvo and Northvolt will begin in 2023.  Once it is up and running, the plant is expected to employ 3,000 people.  Beyond that, it must be capable of building 50 gigawatt hours worth of batteries per year, making it one of Europe’s largest cell-production plants.  Putting that figure in context, there are enough electron reservoirs to power approximately 500,000 EVs.  As an eco-friendly premium automaker, squeezing things and burning Volvo credentials, the plant is powered by fossil-free energy, so don’t expect it to have high-fumes, emitting fumes.

  In the coming years, Volvo will require all the batteries it can get.  Although it only offers a couple of pure-electric vehicles today, as well as hybrid smattering, automakers are urging to fully electrify its portfolio by 2030, which is roughly two product life cycles, practically blinking in the automotive industry.  With the help of Northvolt, this new battery plant is the cornerstone of Volvo’s global manufacturing footprint.

  The 2022 Volvo XC40 Recharge is an attractive Swedish EV

  About Volvo,

  Volvo PersonalWagner;  VOLVO) is a Swedish multinational car manufacturer headquartered in Torslanda, Gothenburg.  The company manufactures SUVs, station waggons and sedans.  The main marketing arguments of the company are safety and its Swedish heritage and design

  In March 2021, Volvo Cars announced it would become a fully electric brand by 2030.  In June 2021, Volvo Cars and Swedish battery developer and manufacturer Northvolt announced its intention to establish a 50/50 joint venture with the Battery Gigafactory and Research and Development (R&D) Centre.  In December 2021, it was revealed that the Battery R&D Centre was located in Gothenburg.  In February 2022, Gothenburg was also selected as the site for the Battery Gigafactory

  About Northwolt

Northvolt AB is a Swedish battery initiator and producer specialising in lithium-ion technology for electric vehicles.

  FAQ

  What is the inexpensive Volvo car in India?

The XC40 is the cheapest Volvo car in India with a price tag of ₹ 43.20 lakhs

Which is the highest priced Volvo car in India?

The most expensive Volvo car in India is the XC90, which costs ₹ 90.90 lakh

Warranty

Your Volvo has a 5 year / 100 000 km warranty and maintenance plan (Volvo Plan) with it.  You can find details of the Volvo project in your service and warranty booklet

Remember

Volvo Cars is retrieving 460,769 older models worldwide because malfunctioning air bags can be fatal in the event of an accident.  … The affected vehicles are old model Volvos.  They include the 2001-2006 S80 and the 2001-2009 S60.

Where is Northvolt?

Northvolt has been officially launched at its headquarters in Stockholm.  Northvolt closes the $ 12 million opening fund round.  Northvolt is set to build the world’s green battery to enable the European transition to renewable energy.

Who owns the Northvolt battery?

Carlson, a former executive of electric car maker Tesla Inc., co-founded Northvolt in 2016.  Volkswagen, the world’s largest carmaker, took a 20% stake in Northvolt in 2019 and expanded its partnership this year, ordering an additional $ 14 billion.  Batteries for the next 10 years

What is Northvolt?

Northwold doesn’t just manufacture batteries.  We develop them into complete solutions to power everything from motorcycles and mining machines to energy storage systems and boats.

How many people work in Northvolt?

 By early 2020, Northvolt had 600 employees.  The hiring process continues and the company estimates that by the end of 2020, the number of employees will be approximately 1.000.  Northvolt’s communications director argues that the company currently employs about 10-15 people a week

_{sources Volvo Northvolt’s}