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Northvolt raises $2.75 billion in equity to finance expansion of Northvolt Ett to 60 GWh
Volkswagen places a $14 billion battery cell order with Northvolt
Acquires U.S. battery technology company Cuberg to commercialize next-generation battery cells
Northvolt Poland Energy Storage expansion announced
Environmental permit secured for Northvolt Ett expansion to 60 GWh.
Northvolt signs an equity raise of $600 million to support development of production capacity, expansion of Northvolt Labs Campus and a full-scale recycling facility at Northvolt Ett.
Northvolt signs a debt raise of $1.6 billion to support development of production capacity and additional initiatives in recycling and R&D.
Hydro and Northvolt launch Hydrovolt – a joint venture to establish an electric vehicle battery recycling facility in Norway in 2021.
Northvolt launches a mobile energy storage solution – Voltpack Mobile System.
Northvolt launches its recycling program, Revolt.
Structural construction work begins at Northvolt Ett. Northvolt surpasses 500 employees.
Northvolt completes an equity capital raise of $1 billion for development of Northvolt Ett.
Northvolt receives a second environmental permit, extending Northvolt Ett production capacity to 16 GWh/year. Northvolt's Battery Systems team assembles its first stationary energy storage unit, Voltrack.
Northvolt R&D facilities produce the company's first prismatic cell.
Surpassing 200 employees, Northvolt has three factories under development.
Northvolt commences development of Northvolt Battery Systems Jeden, in Gdansk, Poland – a facility designed for industrialization and assembly of battery modules and solutions.
Northvolt receives the environmental permit for Northvolt Ett. Ground preparations in Skellefteå began the next day.
Northvolt commences construction of Northvolt Labs in Västerås.
Northvolt's cell design team delivers its first test cell through collaboration with external partners in Japan. Surpassing 100 employees, Northvolt represents over 30 different nationalities.
Northvolt's Battery Systems team completes development of its first battery module prototype.
A recycling program is initiated with Chalmers University in Gothenburg, Sweden, with the aim to industrialize the recycling process of lithium-ion batteries.
Northvolt confirms its gigafactory, Northvolt Ett, will be built in Skellefteå and a demonstration factory and research facility, Northvolt Labs, will be established in Västerås, Sweden.
Northvolt is officially launched at its headquarters in Stockholm.
Northvolt closes an initial funding round of $12 million.
Northvolt is founded with the mission to build the world's greenest battery to enable the European transition to renewable energy.
112 47 Stockholm