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27 09 2017 02

ABB and Northvolt have signed a Memorandum of Understanding (MOU) for a wide-ranging supply and technology partnership, including products and services for Northvolt’s planned lithium-ion battery factory and close collaboration on development of battery solutions and R&D activities. Northvolt intends for its factory to supply European customers in the automotive and key industries with high quality and customizable battery solutions. ABB Technology Ventures (ATV) will support the initial phase of this project through an early investment.

Northvolt plans to build Europe’s largest and most advanced lithium-ion battery factory in Sweden, using the semiconductor foundry as a model. Customers will provide specifications, or work with Northvolt to develop an application-specific cell. Northvolt intends to offer one or two basic form factors and perfect the production of these. The company will offer a number of leading industry standard chemistries, which will be improved continuously. For high volume customers, proprietary chemistries will be closely tailored to fit specific needs.

Northvolt said that it is currently taking orders from and offering supply options to customers with volume needs exceeding 250 MWh/year.

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