The gigafactory is expected to enter operations in late 2024, utilizing 100 percent clean energy to produce up to 100 GWh of cathode material to enable cell assembly at multiple Northvolt facilities. Northvolt and Stora Enso has today announced the signing of a letter of intent on a purchase of the Kvarnsveden Mill and the […]
Major carmaker GM has told various media outlets that it plans to build two additional factories for manufacturing Li-ion EV batteries. Currently, GM has two EV battery plants under construction. With the two proposed plants, its annual EV battery production capacity is projected to surpass 100GWh. The two battery plants that are already under construction […]