Sweden Northvolt's first lithium-ion battery offline has received an order of more than $30 billion.

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Swedish battery maker Northvolt announced on December 29th that it had successfully produced its first lithium-ion battery at its Ett super factory in northern Sweden. The battery, the first battery designed, developed and assembled by a local European battery company in a super factory, went offline on December 28 and is scheduled to begin commercial delivery in 2022.

Northvolt said that in the next few years, Northvolt Ett's production capacity will increase to 60 GWH per year to fulfill orders worth more than $30 billion that the company has already received. Currently, Northvolt customers include BMW, Fluence, Scania, Volkswagen, Volvo and Polestar.

In addition, on December 10th, Northvolt, a Swedish power battery company, and Volvo announced that they would set up a joint battery research and development center in Gothenburg, Sweden.

The battery network noted that in addition to the expansion of battery capacity, Northvolt is also laying out upstream lithium salts. Northvolt, a Swedish battery start-up, announced on December 14th that it would set up a joint venture "Aurora" with energy company Galp Energia in Portugal to build a lithium salt plant.

Aurora, which will be 50 per cent owned by Northvolt and Galp Energia, has an investment of about 700m and can produce 35000 tonnes of lithium hydroxide a year (enough for about 700000 electric vehicles), half of which will be used to produce Northvolt batteries.

According to Northvolt's plan, the company aims to achieve about 150GWh battery capacity by 2030 and occupy a 25 per cent market share in Europe.