Wuxi Lead(“Lead”) has established a “joint Industrialization center in intelligent manufacturing”(referred to as“joint Industrialization center” in short hereinafter)with Northvolt in Wuxi lately. This will be an important innovation and commissioning base for Northvolt, the biggest battery manufacturer in Europe, before its production line is full-fledged. The establishment of the joint Industrialization center will enhance,in a great measure,the efficient delivery of the production line, reduce mutual manpowercost and thus usher in the SOP as soon as possible.It also marks Northvolt’s acknowledgement of Lead. Both companies will work even more closely with each other and actively promote technical innovation and improvements in future production line planning.
As a forerunner in lithium battery manufacturing in Europe, Northvolt has the largest EttGiga factory in North Sweden, and has been engaged in planning and building theGiga battery factory in Germany with automotive enterprises. At the end of 2021, the first mass-produced lithium battery was released and became the first battery that was designed, developed and assembled by a European company all by itself. Northvoltplans to increase its production capacity by 60GWh annually with this great momentum.
It was back in 2019 that Lead began to establish partnership with Northvolt in lithium battery production equipment. At the end of 2021, the first group of whole-line equipment for mass production were delivered and led to the mass production of the first lithium batteries, which won high praises of our client–Northvolt. In the future, both companies will continue to deepen cooperation and promote technical innovation, and Lead aims to provide equipment and services with even greater capacity and latest technological developments, based on what has been achieved in our first and second rounds of cooperation.
It is with the goal to improve technical levels and shorten the cycle of SOP that two companies jointly establish the joint Industrialization center. At present, the second group of equipment has been transported at the center, where engineers from both sides will work cooperatively to make adjustments and improvements for each process. This will not only satisfy high-notch and customized needs of Northvolt but also enable it to get to know the actual production conditions of the whole production line, facilitating it to apply the equipment into production after they are transported to Europe.
Moreover, the establishment of the joint Industrialization center will also create a favorable environment for innovation.As a turnkey solution provider for lithium battery intelligent manufacturing, Lead offers inclusive support and services including but not limited to equipment, software service, logistics line management and MES management. Both companies are encouraged to develope new technologies and new techniques, verify new products, etc. as their combined efforts to contribute to technical innovation in the industry.
During three years of cooperation, Lead and Northvolt has formed a close strategic partnership. The release of first lithium battery in Europe in 2021 brings win-win results for both companies– the first battery manufactured by a European company as well as the pilot project of Lead to enter the European market. With the new joint Industrialization center, Northvolt and Lead will forge ahead. Lead will cooperate with Northvolt in its R&D in lab, pilot production and mass production line and offer active and timely support in commissioning, production and services.
According to the annoucement, Northvolt had received lithium battery orders worth over 30 billion US dollars by the end of 2021. As Northvolt’s equipment supplier and partner, Lead, with its past successes and unremitting innovation, will provide excellent equipement and services for Northvolt in more projects and contribute to Northvolt’s being the Europe-leading lithium battery manufacturer.
