Volvo sets up battery factory JV
Print Edition
Volvo and Sweden鈥檚 Northvolt have joined forces to build a new battery factory in Europe as the automaker aims to sell only fully electric cars by 2030, the companies said.
Swedish automaker Volvo and the battery start-up said that, through a joint venture, they will build a gigafactory with a potential capacity of 50 gigawatt hours per year, with production expected to start in 2026.
This would allow Volvo, which is owned by Chinese automaker Geely, to equip around 800,000 vehicles per year.
Europe has been ramping up efforts to become more autonomous in the battery sector, as it is still very dependent on Asia.
Europe has projects to build nearly 40 gigafactories with a combined annual output of 1,000 GWh and an estimated cost of 40 billion euros (US$48 billion), according to a report by Transport & Environment, a non-government organization.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
