Northvolt
The new factory dubbed Northvolt Ett Northvolt One in Swedish already employs 500 people and will likely employ as many as 3000 once it reaches full capacity. Northvolt Ett which employs more than 500 people but will eventually have 3000 workers is expected to produce 60 gigawatt-hours of batteries a.
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Northvolt celebrated the commissioning of its Northvolt Ett gigafactory on Tuesday with the assembly of its first European Li-ion battery cell.
. The Swedish company which has already raised funding of several billion euros was founded in 2016 by Swede Peter Carlsson and Italian Paolo Cerruti both former Tesla employees. The Northvolt Ett site will be the first European-owned plant to produce at so-called gigafactory scale. Gigafactories are generally considered to be those capable of producing enough batteries.
The cell is the first to have been fully designed. Northvolt has raised 65 billion in nine funding rounds since 2017 and it plans for Northvolt Ett at Skellefteå Sweden to be followed by at. Northvolt CEO Peter Carlsson had told Reuters that the new factory would produce a battery this year even if it means the first battery is made on New Years Eve.
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