Northvolt invests $200 million in Poland

Swedish manufacturer of electric car batteries, Northvolt, is investing in Poland. The company, which has been operating in Gdańsk since 2018 in a rented hall, will build a factory.

"We will invest $200 million (PLN 744 million) in the next phase of expansion: Northvolt Systems 2. The factory will be built by the end of 2022. Initially, it will have an annual production capacity of 5 GWh, but in the second stage, it will have 12 GWh. It will employ approximately 500 people.