Siemens to back Europe鈥檚 largest lithium-ion factory in Sweden
German engineering company Siemens has offered its digital enterprise technology to help build Europe鈥檚 largest lithium-ion battery factory, planned by Northvolt, Reuters reports. Siemens said it would invest 10 million euros in the project 鈥� that has already received support from Swiss rival ABB 鈥� which would become Siemens鈥� preferred supplier when production starts in 2020. Located in Sweden, the Northvolt project aims to be Europe鈥檚 biggest battery cell plant, producing 32 gigawatt-hours of battery packs a year by 2023 and rivalling Tesla鈥檚 Gigafactory for scale, Reuters says.
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For background, read the 威力彩玩法 factsheet Germany鈥檚 Siemens: a case study in Energiewende industry upheaval.