Siemens to back Europe’s largest lithium-ion factory in Sweden

German engineering company Siemens has offered its digital enterprise technology to help build Europe’s largest lithium-ion battery factory, planned by Northvolt, Reuters reports. Siemens said it would invest 10 million euros in the project – that has already received support from Swiss rival ABB – which would become Siemens’ preferred supplier when production starts in 2020. Located in Sweden, the Northvolt project aims to be Europe’s biggest battery cell plant, producing 32 gigawatt-hours of battery packs a year by 2023 and rivalling Tesla’s Gigafactory for scale, Reuters says.

Find the article in English here and the Siemens press release in English here.

For background, read the CLEW factsheet Germany’s Siemens: a case study in Energiewende industry upheaval.