ABB, Northvolt partner for Swedish battery factory
ABB Technology Ventures will support the initial phase of this project through an early investment
ABB and Northvolt signed a memorandum of understanding for a wide-ranging supply and technology partnership, including products and services for Northvolt’s lithium-ion battery factory and close collaboration on development of battery solutions and R&D activities.
ABB Technology Ventures will support the initial phase of this project through an early investment.
Northvolt is going to build a lithium-ion battery factory in Sweden. Supported by ABB’s industrial automation expertise, integrating robotics, machine and factory automation, electrification and ABB Ability, into one overall solution, the factory will supply European customers in the automotive and key industries with high quality and customizable battery solutions.
The factory is expected to start production in 2020. A demonstration-line will be ready by 2019 and will allow Northvolt to continuously optimize products and processes.
The Energy Revolution has spurred the use of renewable energy sources and lowered the reliance on fossil fuels. Electrification and storage are the keys to a carbon neutral society. The shift to e-mobility alone will drive the need for batteries to new heights. The ability to store energy is also crucial to free the world’s energy generation and distribution from fossil fuels in a phased manner.
The products and services that ABB intend to supply include a fully integrated robotics, automation and electrification solution including ABB’s distributed control system ABB Ability System 800xA as well as advanced digital solutions such as ABB Ability Manufacturing Operations Management.
Both partners have agreed on a technology collaboration to drive innovation in battery technology in areas such as production platform, cell and module design, and battery performance. The companies intend to have a close collaboration on development of battery solutions for mobile and stationary applications, including the potential sourcing of batteries.