Northvolt announced that is in the process of acquiring Stora Enso’s former paper mill in Kvarnsveden, Sweden, and the surrounding industrial area of Borlänge, to develop the site into a manufacturing plant for active material and battery cells.

Initial production at the facility is planned to begin in late 2024 and will have a completed capacity of 100 GWh of cathode material. The facility will be powered by…

 

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Image Credit: Northvolt