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