NORTHVOLT COMMERCIAL DEMONSTRATION LINE (EDP)

Promoteur – Intermédiaire Financier

NORTHVOLT AB

Lieu

• Suède

Description

The project consists of the construction and operation in Vasteras, Sweden, of an innovative first-of-its-kind demonstration plant for the manufacturing of advanced Lithium-ion cells for battery applications in transport, stationary storage and industrial and consumer applications.

Objectifs

The demonstration project aims at the creation of a sustainable, cost-competitive innovative cell and battery production industry in Europe and contributes to the security of supply in critical components (batteries) to the EU industry.

Commentaires

Proposed EIB finance amount: EUR 52.5 million

Secteur(s)

• Industrie - Industrie manufacturière

Montant BEI envisagé (montant approximatif)

EUR 52 million

Coût total (montant approximatif)

EUR 105 million

Aspects environnementaux

The project will help create the conditions enabling the deployment of electro-mobility, facilitating the transformation of the automotive industry and, at same time, supporting the development of a more efficient and sustainable transport system in Europe. The project will therefore support EU climate action policy.

Passation des marchés

The promoter has been assessed by the EIB as a private company not subject to EU rules on public procurement or concessions.

Statut

Signé - 27/04/2018