Northvolt

Former Tesla VP Plans A Swedish Gigafactory

If you’re in the electric vehicle industry or monitor it closely, you know one thing: batteries are big. Dropping battery prices are what have made electric cars competitive. As they drop further, they will make gasmobiles wildly uncompetitive. However, supply of batteries is limited, global production plans need to scale up a lot to hit electric vehicle (EV) plans and potential, and those who scale up smartly will likely lead on cost as well. Who’s going to jump on the wave with perfect timing and lead the market? LG Chem? Panasonic? Tesla? Samsung SDI? SK Innovation? Kreisel? … NorthVolt?