ABB and Northvolt have signed a Memorandum of Understanding (MOU) to build Europe’s largest and most advanced lithium-ion battery factory in Sweden.
The partnership will result in industrial digitalization, smart electrification, development of battery solutions and R&D activities. ABB Technology Ventures (ATV) will support the initial phase of this project through an early investment.
Supported by ABB’s industrial automation expertise, integrating robotics, machine and factory automation, electrification and ABB Ability, the factory will supply European customers in the automotive and key industries with high quality and customizable battery solutions.
According to an ABB report, the factory is expected to start production in 2020. A demonstration-line will be ready by 2019 and will allow Northvolt to continuously optimize products and processes.
“We are excited to support Northvolt’s project to build the battery factory of the future here in one of our home countries”, said ABB CEO Ulrich Spiesshofer. “This uniquely integrated factory would be a true showcase for ABB’s leadership in industrial automation and smart electrification and would help to meet the ever-increasing demand for smarter, greener storage solutions.”
“The world is moving quickly towards electrification. We want to enable this transition by building the largest, cutting-edge lithium-ion battery factory on the European continent and producing the world’s greenest batteries. ABB is at the forefront of the electrification, and we are delighted to have them on-board as strategic partner, key supplier and investor”, said Peter Carlsson, CEO of Northvolt.
The products and services that ABB intend to supply include a fully integrated robotics, automation and electrification solution including ABB’s industry-leading distributed control system ABB Ability System 800xA as well as advanced digital solutions such as ABB Ability Manufacturing Operations Management, making this factory a true showcase for Industry 4.0.
Both companies will drive innovation in battery technology in areas such as production platform, cell and module design, and battery performance.
The companies have also disclosed that they will aim for a close collaboration on development of battery solutions for mobile and stationary applications, including the potential sourcing of batteries.Source: World Industrial Reporter