An Early sketch of how the Northvolt mega factory could look from Sweco Sweden. Credit; Twitter: Northvolt/Sweco Sweden

An Early sketch of how the Northvolt mega factory could look from Sweco Sweden. Credit; Twitter: Northvolt/Sweco Sweden

Swedish start-up Northvolt, which is run by two former Tesla Motors executives, plans to build a huge lithium-ion battery factory in the Nordic region, giving Tesla and Panasonic's Nevada Gigafactory a close rival within Europe in terms of size.

The Stockholm-based company’s website reveals plans for what will be Europe’s largest battery factory, standing at more than 32GWh divided into four blocks of 8GWh capacity and needing more than €4 billion investment.

The site will require 500,000m2 of land - roughly equivalent to nine football pitches.

Full story can be read on PV Tech's sister site Energy-Storage.News.

Tags: tesla, northvolt, sweden, nordic, gigafactory, lithium ion

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