The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Furthering its ambitions to be a premium and sustainable battery solutions leader, Northvolt is investing US$200 million to build the largest energy storage systems factory in Europe. The first stage of the planned 50,000-square-meter (538,000 square feet) cutting edge battery systems factory being built in Gdańsk, Poland is already underway. This initial phase, expected to be completed next year, will be able to produce 5 gigawatt-hours of lithium-ion battery modules and...
In what has been series of moves toward expanding its electric vehicle lineup, BMW Group has signed a 2 billion euro (US$2.28 billion) long-term supply contract with Northvolt, a Swedish manufacturer with a mission to build the greenest rechargeable batteries in the world. Northvolt's commitment to sourcing 100% of the energy it needs to produce battery cells from wind and hydroelectric power generated in northern Sweden was a deciding factor for BMW as it looked for new...
