The battery market is fiercely competitive. In the far north is the company that carries Europe’s hopes: Northvolt. The start-up has set up battery production in Sweden – and has one eye on the Atlantic.
Deep in a dense subarctic pine forest in northern Sweden, a low-rise gray building blends into the surrounding snow and overcast horizon. This is the unlikely place where one of the most important industrial projects in Europe is emerging: the first own battery cell factory.
The first construction phase of this mega-factory, which is being built by the Swedish start-up company Northvolt, is the size of 70 football pitches. It is designed to stand up to competitors in Asia and the US in a sector crucial to the energy transition.
Source: Stern
