Sweden gothenburg new energy storage technology company

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About us — NOVO

You can read more about NOVO Energy in these press releases: Start of construction for Sweden''s second, and Gothenburg''s first battery gigafactory 6 March, 2024

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NOVO Energy was founded as a joint venture between Volvo Cars and Northvolt to develop sustainable battery solutions. Today, we continue our commitment to produce

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Start of construction for NOVO Energy — NOVO

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3 FAQs about Sweden gothenburg new energy storage technology company

What is Volvo's new research and Development Center in Gothenburg?

Established in 2022, the company has set up a research and development center in Gothenburg to build on the battery expertise within both companies and develop next-generation, state-of-the-art battery cells and vehicle integration technologies, specifically developed for use in Volvo cars.

What's going on in Gothenburg?

Gothenburg is a hub for innovation and at the forefront of sustainable industry. Now a battery cluster is taking shape, characterised by something that has served the region well: collaboration. Near Volvo Car's production plant and new battery assembly factory in Torslanda, a gigafactory is under construction.

Will the Gigafactory in Gothenburg accelerate the shift to electrification?

"The gigafactory in Gothenburg will accelerate the shift to electrification, and will be one of the largest battery cell manufacturing plants in Europe. This is clearly the kind of impact we aimed for when we co-founded Northvolt.