Theannouncementcomes after several months of uncertainty.

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The gigafactory will have a 60GWh annual production volume of battery cells, aiming to supply approximately 1millionEVs.

Northvolt to build gigafactory in Germany after state aid pledge

Deliveries of the first battery cells are expected in 2026.

Story byIoanna Lykiardopoulou

Ioanna is a writer at TNW.

With a background in the humanities, she has a soft spot for social impact-enabling technologies.

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