# Volvo Cars and Northvolt to build battery plant in Gothenburg

Volvo Cars and Northvolt have selected Gothenburg, Sweden to establish a new battery manufacturing plant. The plant will start operations in 2025, create up to 3,000 jobs, and have an annual capacity of up to 50 GWh. The investment is approximately SEK 30 billion.

- Type: New facility
- Announced: 2022-02-04
- Where: Torslanda, Gothenburg, Sweden, Sweden
- Value: $3.20B (30.0B SEK)
- Jobs: 3,000
- Starts operating: 2025
- Status: announced
- Capacity: 50 GWh per year
- Products: battery cells
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Northvolt](https://endata.com/companies/7632.md) (partner)
- [Volvo Cars](https://endata.com/companies/21173.md) (partner)

## Sources

- [volvocars.com](https://www.volvocars.com/intl/media/press-releases/E553DF28C1C90E3F/), 2022-02-04: "Our battery cell partnership with Northvolt is key to our strategic ambitions in electrification."

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