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Northvolt aims to take on Tesla in the arctic lair

Santa’s elves aren’t the only ones working around the clock in the Arctic in December. Enter the Northvolt factory. Imagined by Managing Director Peter Carlsson, he is determined to open the plant, about 200 km south of the Arctic Circle, this month. This means that he and his team of engineers and technicians are working at a pace that would rival Santa’s little helpers. Carlsson wants to take on his former boss Elon Musk with the world’s greenest electric vehicle batteries. The lithium-ion plant in the town of Skelleftea was the first to be built in the EU by a European company. It’s supposed to be the launching pad for a regional battery champion who can compete not only with Tesla but also with Asian suppliers. Carlsson says sustainability is the key. “let’s not do this build-up the right way, we can create a pretty big carbon footprint in the development of this industry. But if we’re a little bit cautious and a little bit smart about how we build this industry, we can help build this industry. solve two problems: we can build a new industry that has a very low carbon footprint and we can reduce transportation oil and I think that has been very important to us. ”Skelleftea does the trick. It runs largely on hydroelectric and wind power, and the power at the plant will be 100% renewable. But it’s a cold, remote place – and dark, too, during the winter months. This means recruiting engineers could be difficult, with a global rivalry for talent, especially at Tesla’s new plant in Berlin. Despite this, Northvolt has raised more than $ 6.5 billion in funding and plans to produce enough batteries to power more than one million electric vehicles a year at the plant. Carlsson aims to open at least two more factories over the next ten years.