20 January 2025
NOVO Energy outlines revised scope of operations
NOVO Energy announces plans to implement organizational changes and cost reductions in response to evolving market conditions and an amended business plan. These changes will affect around 30% of positions across the organization. All notices of redundancies are subject to ongoing union negotiations in Sweden.
Start of construction for Sweden’s second, and Gothenburg’s first battery gigafactory.
6 March 2024
NOVO Energy, the joint venture between Northvolt and Volvo Cars, celebrated the start of construction for its highly anticipated battery factory in Torslanda, Gothenburg. Located near Volvo Cars' manufacturing plant, the start of construction marks a significant milestone in the Western Sweden region's central role in the transition towards sustainable energy and mobility.
27 September 2023
First ceremonial shovel in the ground at future NOVO Energy gigafactory site
On 27 September, the first ceremonial shovel was put in the ground to celebrate the upcoming start of groundworks for our future battery factory. Holding the shovels were Jonas Attenius, chairman of the Gothenburg Municipal Board, and Adrian Clarke, CEO of NOVO Energy.
12 July 2023
NOVO Energy granted permission to build and operate a facility for the manufacture of lithium ion batteries.
Following an application from NOVO Energy, a jointly owned company between Northvolt and Volvo Cars, the Land and Environmental Court decided on July 12 to grant permission for the establishment and operation of a facility for a battery factory. The new battery factory will be built next to Volvo Cars in Torslanda.
Volvo Cars and Northvolt accelerate shift to electrification with new 3,000-job battery plant in Gothenburg, Sweden
4 February 2022
Volvo Cars and Northvolt have selected Gothenburg to establish a new 50 GWh battery manufacturing plant which will commence operations in 2025.
21 December 2021
Volvo Cars and Northvolt to open Gothenburg R&D centre as part of SEK 30bn investment in battery development and manufacturing
Volvo Cars and Northvolt finalize their joint venture for the development and sustainable production of batteries for the next generation of pure electric Volvo cars.
21 June 2021
Volvo Car Group and Northvolt to join forces in battery development and production
Volvo Car Group intends to establish a joint venture with leading Swedish battery company Northvolt to develop and produce more sustainable batteries, tailored to power the next generation of pure electric Volvo and Polestar cars.