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Northvolt to build 100 GWh/year cathode material plant in Sweden; reusing shuttered pulp and paper mill

Green Car Congress

Northvolt and Stora Enso recently signed a letter of intent on a purchase of the Kvarnsveden Mill and the surrounding industrial area in Borlänge, Sweden. Northvolt will develop the site into a manufacturing plant for active material and battery cells, reusing and refurbishing much of the existing facilities and site infrastructure.

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BMW Group plans to source steel produced with green power and hydrogen from H2GS in Sweden

Green Car Congress

H2 Green Steel is building its steel production site in the province of Norrbotten in northern Sweden, close to the Arctic Circle. The company also uses local green power for the remainder of the manufacturing process. BMW Group press plants in Europe process more than half a million tonnes of steel per year.

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Volvo Cars divests its holding in Aurobay to Geely Holding; to be part of new Renault-Geely powertrain company

Green Car Congress

Aurobay will become part of the new global company specializing in hybrid and low- emission powertrains being formed by Renault and Geely. The divestment is yet another important step in Volvo Cars’ transformation towards becoming a fully electric car manufacturer. Earlier post.).

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Tesla rolls out Model Y price adjustments in Germany and Sweden

Teslarati

Tesla has initiated a round of price cuts for its best-selling car, the Model Y crossover, in Germany and Sweden. Tesla’s price cuts for the Model Y in Germany may be part of the company’s efforts to remain competitive in the country. It’s not just Germany that has received a price reduction for the Tesla Model Y.

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Volvo Cars building €1.2B EV manufacturing plant in Slovakia; third in Europe

Green Car Congress

Volvo Cars will build a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and capture future growth potential. million cars by mid-decade, which it aims to meet with a global manufacturing footprint spanning Europe, the US and Asia.

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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

Green Car Congress

Volvo Cars and Northvolt will open a joint research and development (R&D) center in Gothenburg as part of a SEK 30 billion (US$3.3 billion) investment in battery development and manufacturing. The exact location of the plant is expected to be confirmed in early 2022.

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

Green Car Congress

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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