# Valmet Automotive opens battery plant in Uusikaupunki, Finland

Valmet Automotive celebrated the grand opening of its new battery plant in Uusikaupunki, Finland, with a €120 million investment. The plant will produce high-voltage automotive battery modules and packs, with an annual capacity of 500,000 units and creating hundreds of jobs.

- Type: New facility
- Announced: 2021-09-14
- Where: Uusikaupunki, Finland, Finland
- Value: $141.0M (120.0M EUR)
- Jobs: 100
- Starts operating: 14 Sep 2021
- Status: completed
- Capacity: 500,000 battery modules and packs per year
- Products: high-voltage automotive battery modules, battery packs
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Valmet Automotive](https://endata.com/companies/21802.md)

## Sources

- [valmet-automotive.com](https://www.valmet-automotive.com/media/valmet-automotive-celebrates-the-uusikaupunki-battery-plant-opening/), 2021-09-14: "We are proud to present our new battery plant in Uusikaupunki. It is a milestone in realizing our ambitious EV strategy."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.