Stockholm/Heide, 15.3.2022 - Northvolt AB announces its intention to establish a battery gigafactory in Heide, on the Energieküste of Schleswig-Holstein. With an annual potential production capacity of 60 GWh, Northvolt Drei will supply the European market with sustainably produced lithium-ion batteries sufficient for some one million electric vehicles, according to Northvolt.
The new Gigafactory increases Northvolt's battery production capacity under development to over 170 GWh. The Swedish company is thus successfully progressing on its path to deliver batteries that are characterised by clean energy and circular economy, and are fundamentally different from the approaches prevalent in the global industry today.
Northvolt Drei is expected to produce its first batteries in 2025 and create around 3,000 new jobs. A key goal of Northvolt Drei is to deliver high-performance lithium-ion batteries manufactured with the smallest environmental footprint in continental Europe.
The selection of Heide, Schleswig-Holstein, is key to achieving this goal. The Energieküste region is home to the cleanest energy grid in Germany, characterised by a surplus of electricity from onshore and offshore wind power and reinforced by clean energy provided by grid connections to Denmark and Norway.
Dr Robert Habeck, Federal Minister for Economic Affairs and Climate Protection, has announced funding for Northvolt's planned battery production in Heide, Schleswig-Holstein. The funds would be made available under the Important Projects of Common European Interest (IPCEI) programme, according to dpa on 15.3.2022.
In addition to battery production, Northvolt Drei will build a battery recycling plant at the site, which will ensure efficient reuse of by-products from the production process. At the same time, it will provide a sustainable solution for end-of-life batteries from electric vehicles that are returned to European markets.
Northvolt is committed to implementing the company's commitment to transparency and straightforwardness in its dealings with external stakeholders. This approach has proven successful in Sweden, Norway and Poland, and there is every reason to believe that it will support the implementation of another project with Northvolt Drei.
Northvolt is a European supplier of sustainable, high-quality battery cells and systems. The company was founded in 2016 to enable Europe's transition to a decarbonised future. It has made swift progress in its mission to deliver the world's greenest lithium-ion battery with a minimal CO2 footprint and has grown to over 2,500 employees from over 100 different countries.
Northvolt has signed contracts worth more than $50 billion to date with key customers such as BMW, Fluence, Scania, Volkswagen, Volvo Cars and Polestar to support its plans. This includes setting up recycling capacity to meet 50 per cent of its total raw material needs from recycled batteries by 2030.
Read more about a future career at Northvolt Drei.