Info
Info
News Article

Volkswagen Invests In Battery Operations At Salzgitter

News

The joint venture between Volkswagen Group and the Swedish battery producer Northvolt AB is gaining further momentum.

It has been decided that Volkswagen itself will erect the buildings and infrastructure for the joint venture's “Northvolt Zwei” factory that is to produce lithium-ion battery cells, in order to leverage synergies at the Salzgitter site - based on the existing Center of Excellence for Battery Cells. Some €450 million is to be invested in this project. The joint venture will then rent the factory space. Battery cell production at the plant is scheduled to commence in early 2024 with an initial production capacity of 16 gigawatt hours.
“We are optimizing the Volkswagen Group's strategic position in the key future field of batteries”, said Dr. Stefan Sommer, Volkswagen Group Board Member for Components and Procurement and a member of the Northvolt AB Board of Directors. “In addition to a very secure supply base with external producers, we are also systematically building up further capacities.”

In September 2019, Volkswagen and Northvolt established a joint venture to prepare for the large-scale production of lithium-ion batteries in Germany. Volkswagen's commitment to erect the buildings and infrastructure is the next key strategic decision. Construction work at the site is scheduled to commence before the end of this year.

“Battery cell production in Salzgitter is an important step for the transformation to e-mobility”, said Thomas Schmall, CEO of Volkswagen Group Components. “We are pooling expertise at the Salzgitter site with production capabilities and the Center of Excellence for Battery Cells, and are therefore driving battery cell development further forward, developing new standards and transferring them direct to the manufacturing process.”

The Volkswagen Group is amassing technological expertise in the field of battery cell production as part of its electrification strategy. In addition, the Group maintains strategic relations with several producers to secure its battery supplies in all world regions. Currently, these suppliers are LG Chem, Samsung and SKI for Europe as well as CATL for China and Europe. In addition, SKI will also supply battery cells for the US market. In Europe alone, Volkswagen expects annual demand of over 150 gigawatt hours from 2025, with demand in Asia at a similar level.

European SiC Conference Delayed For A Year
UK Shift To Pedal Power Creates Boom In EBike Kit Sales
Infineon Introduces CoolSiC MOSFET Eval Board
WiPDA-Asia To Take Place Virtually And Physically
Arrow Electronics, Panasonic Industry, And STMicroelectronics Join Forces To Deliver IoT Modules For Smart Applications
Gartner Names GaN Systems A 'Cool Vendor'
VisIC And ZF To Work On 400V Electric Drivelines
Volvo XC40 Recharge Pure Electric Available To Order In UK
Shimano Launches Three New Batteries For E-bikes
Mercedes-Benz’s Global Battery-production Network Grows
Taiwan Semiconductor Rectifiers With Wettable Flank Contacts Offers Best-in-Class (8A/1kV) Specifications
Nissan Zero Emission Ambulance Becomes Part Of ‘Zero Emission Tokyo’ Initiative
Modular Evaluation Platform For Discrete CoolSiC MOSFETs Allows Testing Of Different Driving Options
TROPOS Delivers First Electric Compact Utility Vehicle
Ducati And MT Distribution Together For Urban Mobility
EPC CEO To Present GaN Webinar
Power Block MOSFET From Diodes Incorporated Increases Power Converter Efficiency And Saves PCB Space
Citroën Reveals Its All-electric ë-Dispatch
Microchip Switchtec PAX Advanced Fabric Gen 4 PCIe Switches Released To Production
FEV To Commission New Battery Test Centre In Germany
Greencoat Solar To Acquire 156MW Portfolio From BlackRock Real Assets And Lightsource Bp
“The PCIM Europe Digital Days”: Program And Registration Online
StrongIRFET™ MOSFETs In D²PAK 7pin+ Package Targeted At Battery-powered Applications
Volkswagen Invests In Battery Operations At Salzgitter

Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the Power Electronics World Magazine, the Power Electronics World Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification}