3min chapter

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Sweden’s Northvolt Electric Battery Maker: A Startup with a Mission

Cold Call

CHAPTER

The Importance of Vertical Integration in Lithium Ion Battery Production

Is it less expensive for these OEMs to buy their battery from battery that's made more locally than to have them made in Asia and shipped over? I think there are a couple of ifs here, right? If you can actually get the cost of energy to be really, really low, you might be able to deliver cost competitiveness. The second one is the rate at which you are scaling production. You should be able to achieve massive economies of scale if you are getting to the level of what is called digafactory.

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