Volvo Cars and Northvolt have selected Gothenburg, Sweden, to establish a new battery manufacturing plant, which will commence operations in 2025, complementing a planned R&D center that both companies announced in December.
Construction of the plant will start in 2023 and it will produce battery cells, specifically developed for use in next-generation pure electric Volvo and Polestar cars. The plant will have a potential annual cell production capacity of up to 50GWh, which would supply batteries for approximately half a million cars per year.
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