Swedish battery developer and manufacturer Northvolt has assembled the first “homegrown” lithium-ion battery cell for electric vehicles at a Skellefteå gigafactory, the company announced on Wednesday.
Northvolt has been working on assembling the battery since the gigafactory was announced in 2017. The battery cell came off the production line at the factory on Tuesday, Northvolt said, adding that “commissioning and upscaling of the factory will continue through into 2022.”
It also expects to deliver the lithium-ion battery cells to customers through next year, noting that production capacity at Northvolt Ett will increase toward 60 GWh per year to fulfill over $30 billion worth of contracts Northvolt secured from key customers.
Those customers include BMW, Fluence, Scania, Volkswagen, Volvo Cars, and Polestar, the company said.
“To these customers in the automotive, industrial and energy storage sectors, Northvolt Ett will deliver cells of varying formats with commercial deliveries beginning in 2022,” Northvolt said.
“Today is a great milestone for Northvolt which the team has worked very hard to achieve. Of course, this first cell is only the beginning. Over the course of the coming years, we look forward to Northvolt Ett expanding its production capacity greatly to enable the European transition to clean energy,” Peter Carlsson, CEO and Co-Founder of Northvolt, said.
That figure is more than any other nation worldwide and exceeds the anticipated production levels of other large markets in the United States, Germany, and Japan.
In June 2019, Volkswagen had already invested $1 billion in Northvolt.