Northvolt became the first European start-up to design and produce a battery at a gigafactory on the continent as the Swedish group’s sub-Arctic plant fired up just days before its new year deadline.
Backed by heavyweight industrial groups such as Volkswagen, BMW, Volvo Cars and Ikea, Northvolt is the most prominent of a series of European contenders trying to establish themselves against the biggest Asian players and Tesla in batteries, used for electric cars and more.
The first cell at Northvolt Ett, its gigafactory in Skelleftea, 200km south of the Arctic Circle in the north of Sweden, was produced on Tuesday night, the company said on Wednesday.