The Swedish company has been reevaluating some of its investment decisions in light of the U.S. Inflation Reduction Act.
A worker walking past the coating ovens section at the Northvolt Ett factory in Skelleftea, north Sweden.Its factory in northern Sweden employs about 1,500 of its 4,000 workers and is roughly three times the size of The Pentagon. It is currently installing its first 16 GWh of annual output, and the aim is to grow that to 60 GWh.-backed IRA is the simplicity of the plan. An example would be the sale of electric cars.
Despite the intentions to develop a factory stateside, Northvolt said it is still committed to opening the plant in Germany.
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