(Montel) Northvolt is stopping plans to construct a facility for cathode manufacturing in Kvarnsveden exterior Borlänge, Borlänge municipal councilor Erik Nises (S) tells Borlänge newspaper.
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– I used to be knowledgeable that the plans for battery element manufacturing in Kvarnsveden are being discontinued. Peter Carlsson additionally advised us that the board determined that your entire web site ought to be offered, he says.
The background is that in 2022 Northvolt purchased Stora Enso’s closed paper mill Kvarnsveden exterior Borlänge to determine a manufacturing unit for cathode manufacturing.
On the similar time, the battery firm has struggled with in depth issues and manufacturing volumes which might be far under the preliminary plans at its battery manufacturing unit in Skellefteå.
When Northvolt was requested to touch upon the information, the corporate responded:
“We’re at the moment finishing up a large-scale growth in Sweden, Germany and Canada based mostly on demand from our prospects and traders. On the similar time, a strategic overview is being carried out concerning Kvarnsveden, and we’re having a dialogue with a number of actors, together with the municipality, concerning the web site’s future. Nonetheless, that dialogue remains to be ongoing, so we’ll return with extra feedback as soon as a call has been made.”