Can Sweden make a battery?

Both factories Northvolt Ett (set to be the largest battery-making factory in the world once fully operational in 2022) and Northvolt Labs, which collaboratively aim to have 150GWh of annual production by the end of the decade, use Sweden’s large amount of renewable hydroelectric power to produce cells as sustainably as possible.

Can Northvolt start a large-scale battery production in Sweden?

Northvolt is one of the companies that has received support from the Swedish Energy Agency. When they started, few believed that it was possible to start large-scale battery production in Sweden, since Asia was so far ahead.

Who makes the most sustainable batteries in the world?

There are several innovative Swedish companies in the battery field, and one of the most successful is Northvolt. Their ambition is to produce the world's most sustainable batteries, both environmentally, economically, and socially. Northvolt also actively works on recycling.

Will Sweden succeed in the battery industry?

But as the battery industry develops and grows in many countries simultaneously, investors, materials, and expertise become scarce. If Sweden is to succeed in the battery field, competence will be required from both Sweden and the rest of the world.

Is the Swedish battery company a symbol of Europe's failure?

Instead, the start-up is in danger of turning into an emblem of the continent’s failure to stay in the race. The Swedish battery company has raised more capital than any other private group in Europe — more than $15bn in equity, debt, and government support.

Where is Sweden's first homegrown battery factory located?

Deep in a dense, sub-Arctic pine forest in northern Sweden, a flat grey structure blends into both the snow and the overcast horizon. This improbable location is the birthplace of one of the most important industrial projects in Europe: its first homegrown battery factory.