Summary sheet
The project concerns the construction and operation of a production facility for advanced lithium-ion batteries for electric vehicles to be located in Gothenburg. The site will have a yearly production capacity of 35 million cells or up to 17.5 GWh of battery capacity being produced from one downstream block and associated facilities integrated into one building.
The aim is to make a substantial contribution to the development of a competitive EU-based battery industry while enabling the development of the European electric vehicles (EV) industry. Additionally, the project will support the transition to e-mobility, by meeting the growing demand for EV batteries in Europe with cutting-edge battery cell.
As an integrated industrial plant, the project falls under Annex II of the Environmental Impact Assessment (EIA) Directive 2014/52/EU amending Directive 2011/92/EU requiring a full EIA process. An EIA Report has been produced, presented for public consultation and the full environmental permit is expected to be issued by the Competent Authority in the Summer of 2023. During appraisal the EIB will review the EIA process and documents, as well as compliance with EU Directives for the protection of Habitats and Birds, respectively.
The promoter is a private entity not operating in the utilities sector, thereby not obligated to follow public procurement procedures.
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).
Documents
General enquiries and comments
The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.
Media enquiries
Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.
Complaints mechanism
Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.
Zero tolerance against fraud and corruption
The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.
Related publications