Northvolt will establish a fully integrated lithium-ion battery gigafactory called Northvolt Six in Quebec, a Canadian province near Montreal.
Once fully operational, the plant will host 60 GWh of annual cell manufacturing capacity alongside adjacent facilities for cathode active material production and battery recycling – enabling circular production.
Construction on the first 30 GWh phase of the plant will commence before 2023, with its first operations expected to commence in 2026. This phase of cathode and cell manufacturing, as well as the plant’s recycling operations, is expected to require an investment of $5 billion ($7 billion CAD / €4.7 billion), representing Quebec’s largest private investment to date. Across its development, Northvolt confirmed that the project will receive support from both the Government of Canada and the Government of Quebec.
In selecting the Quebec site for Northvolt Six, the battery company said that the location will help it meet its commitment to sustainable battery production. Here, Northvolt will utilize local hydroelectricity to ensure the plant’s cell production comes from fully renewable energy.