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The Swedish Energy Agency supports the establishment of Northvolt Labs

The Swedish Energy Agency today announced it will support the establishment of Northvolt’s demonstration line, Northvolt Labs, in Västerås, Sweden, with a grant up to SEK 146 million.

Northvolt Labs, which in addition to the demonstration line also will include a research facility, will be used to qualify and industrialize products and processes together with Northvolt’s partners and customers. The launch of Northvolt Labs is a key step towards the establishment of Northvolt’s large-scale lithium-ion battery factory in Skellefteå, Sweden, which will serve as the main production site and include active material preparation, cell assembly, recycling and auxiliaries.

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Enabling the Future of Energy

Northvolt was founded in 2016 with the mission to build the world’s greenest battery, with a minimal carbon footprint and the highest ambitions for recycling, to enable the European transition to renewable energy. Northvolt’s team of experts is building the next generation battery factory focused on process innovation, scale and vertical integration. Once completed, it will be Europe’s largest battery factory and produce 32 GWh worth of battery capacity annually.

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