Northvolt Ett's sales for the year 2022 revealed

Northvolt Ett's sales last year amounted to just over 131 million kronor, according to the annual report for 2022, which has just been published.

Northvolt Ett had sales of 131 million kronor in 2022, its first year of commercial production.

Northvolt Ett had sales of 131 million kronor in 2022, its first year of commercial production.

Foto: Bild från Northvolt

Skellefteå2023-09-22 11:20

Northvolt Ett, is now ramping up production at two production facilities while construction of the next three is underway. The goal is an annual production capacity of 60 GWh, which equates to battery cells for about one million cars.

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Northvolt Ett had sales of 131 million kronor in 2022, its first year of commercial production.

Northvolt had previously stated that the volume produced last year was expected to be less than 1GWh.

– This year's volume is not important. What's important is that we keep our commitments to customers and set the processes in place to move towards optimal yield next year (2023), group CEO Peter Carlsson told Norran last autumn.

He then noted that the ramp-up to series production "in reality" occurred in late spring 2022, with each line taking 18 months to reach target production.

– We will not reach full capacity until the end of 2024 at the earliest, Carlsson explained.

According to the annual report, Northvolt Ett made its "first commercial delivery of cells" from Northvolt Ett in Skellefteå in 2022. The company's turnover last year was 131 million kronor, of which 37 million kronor was in the Swedish market.

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The Northvolt group, led by CEO Peter Carlsson, aims to achieve a market share in Europe of about 25 percent by 2030, which according to the company's estimates means approximately 150 GWh in production capacity.

The ongoing development is further explained in the annual report:

"During 2023, Northvolt's focus is on further expanding large-scale production in Skellefteå. The group aims to achieve a market share of approximately 25 percent in Europe by 2030, which is estimated to mean a production capacity of approximately 150 GWh."

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