Volkswagen electromobility

08 June 2021, Saxony, Dresden: A Volkswagen employee wires the battery on a line for the VW ID.3 ... [+]

DPA/PICTURE ALLIANCE VIA GETTY IMAGES

Sweden’s Northvolt said on December 29 that its putative gigafactory had assembled its first lithium-ion battery cell, a European first. The electric vehicle battery startup was founded in 2015 by Peter Carlsson, a former Tesla executive. The company will scale up production next year yet already has $30 billion worth of orders on its books from automotive customers such as BMW, Volkswagen, Volvo, and Polestar.