Northvolt chooses Quebec, Canada, for its first gigafactory outside Europe.
Northvolt today announced the creation of a fully integrated lithium-ion battery gigafactory in Saint-Basile-le-Grand and McMasterville, a suburb of Montreal, Quebec, Canada. The factory, titled Northvolt Six, will have an annual cell production capacity of 60 GWh, with adjacent facilities for the production of cathode active materials and recycling, enabling circular production entirely on site.
Construction of the first 30 GWh phase of the project is expected to begin by the end of 2023 and the first batteries are expected to be delivered in 2026. This first phase of cathode manufacturing, cells and recycling will require a total investment of 5 billion USD (7 billion CAD) and will employ up to 3,000 people.
The project is being developed with financial support from the governments of Canada and Quebec and represents the largest private investment in the history of Quebec.
Peter Carlsson, CEO and co-founder of Northvolt, comments:
Since we founded Northvolt seven years ago, we have pursued one goal: to establish a new sustainable model for battery manufacturing.
“Today, we are expanding Northvolt’s ambitions in Canada.”
The choice of the 170-hectare site for Northvolt Six in McMasterville and Saint-Basile-le-Grand, in the suburbs of Montreal, came about after an in-depth review of potential sites in North America. It meets a multitude of criteria necessary to enable the company to meet its commitment to sustainable battery production.
Quebec hydroelectricity guarantees cell production from 100% renewable energy and the region represents an ideal location in the value chain of the North American automotive industry.
Paolo Cerruti, co-founder of Northvolt, will lead the project as CEO of Northvolt in North America, headquartered in Montreal.
Mr. Paolo Cerruti, co-founder of Northvolt, will lead the project as CEO of Northvolt in North America says:
The potential of Northvolt Six is enormous, not only to rapidly develop our capacity to deliver sustainable batteries to the North American market, but also to accelerate the emergence of Quebec as a key player in the global energy transition.
“With its unique access to 100% renewable energy and raw materials, we consider Quebec to be the ideal base of operations for Northvolt’s first gigafactory outside of Europe. We look forward to collaborating with all local stakeholders and the province, to make Northvolt Six an example of sustainable investment.”
About Northvolt
Northvolt was founded in 2016 in Stockholm, Sweden. Pioneering a sustainable model for battery manufacturing, the company is expanding production capabilities to meet $55 billion in orders from key customers including BMW, Fluence, Scania, Volvo Cars and the Volkswagen Group .
Northvolt currently employs nearly 5,000 people, delivering batteries from its first gigafactory Northvolt Ett, located in Skellefteå, Sweden, and from its R&D and industrialization campus Northvolt Labs, in Västerås, Sweden. The company also has ongoing projects and joint ventures in Germany, Norway, Poland, Portugal, the United States and Canada.
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Northvolt chooses Quebec, Canada, for its first factory outside Europe, Montreal, Canada, Stockholm, Sweden, September 28, 2023
