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Volvo Cars and Northvolt to build battery gigafactory in Gothenburg, Sweden; up to 50 GWh

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Volvo Cars and Northvolt have selected Gothenburg, Sweden to establish a new battery manufacturing plant which will commence operations in 2025, and complement the planned R&D center that both companies announced in December as part of an investment of approximately SEK 30 billion (US$3.3 Earlier post.).

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BMW Group enters long-term €2B supply contract with Northvolt for battery cells from Europe

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The BMW Group has signed a long-term supply contract worth €2 billion for battery cells with the Swedish company Northvolt. The battery cells will be produced in Europe at the Northvolt gigafactory currently under construction in Skellefteå in northern Sweden (series plant Northvolt Ett) from 2024.

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Volvo Car Group and Northvolt to form JV for battery development & production for Volvo, Polestar EVs

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Volvo Car Group intends to establish a joint venture with Swedish battery company Northvolt to develop and produce more sustainable batteries, tailored to power the next generation of pure electric Volvo and Polestar cars. Working closely with Northvolt will also allow us to strengthen our in-house development capabilities.

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Volvo delivers 20 electric trucks to DFDS in Gothenburg; part of 125-unit order

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Volvo Trucks is delivering 20 fully electric heavy trucks to the logistics company DFDS in Gothenburg, Sweden. The delivery is part of a total order for 125 electric trucks that DFDS has placed with Volvo. In addition, four of the 20 trucks delivered to DFDS include fossil-free steel.

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Volvo Cars sales up 12.6% in the first 10 months of 2021; share of electrified cars >25% of all units sold for 10 months, 31.5% in October

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The share of Volvo Cars with a fully electric or plug-in hybrid powertrain—the Recharge models—amounted to 25.5% Sales of Volvo Cars’ fully electric models reached 3.1% During the month of October, Volvo Cars also started production of the fully electric C40 Recharge in Ghent.

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Volvo Cars, Northvolt to open R&D center as part of $3.3B investment in battery development and manufacturing; finalized JV

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billion) investment in battery development and manufacturing. The R&D center, which will become operational in 2022, will create a few hundred jobs in Gothenburg and positions Volvo Cars as one of the automotive brands making battery cell development and production part of their end-to-end engineering capabilities.

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Volvo Cars invests in designing and developing electric motors in-house

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Volvo Cars says that it is making significant investments that allow for the in-house design and development of electric motors for the next generation of Volvo models, as the company continues to move towards becoming a fully electric car maker. The newly opened electric motor lab in Shanghai became operational last month.

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