Northvolt has announced its intention to establish a battery gigafactory in Heide in Schleswig-Holstein in Northern Germany. With an annual potential production capacity of 60 GWh, Northvolt Drei will deliver a supply of sustainably produced lithium-ion batteries to the European market, sufficient for some one million electric vehicles. The new gigafactory increases Northvolt’s pipeline of battery manufacturing capacity under development to over 170 GWh, thereby advancing the company on its mission to deliver batteries in a manner characterized by clean energy and circularity that is fundamentally different from approaches dominating the global industry today. Envisioned to produce its first batteries in 2025 and provide some 3,000 new jobs, a central intention of Northvolt Drei is to deliver high-performance lithium-ion batteries, produced with the lowest environmental footprint in continental Europe.The selection of Heide, Schleswig-Holstein, is key to fulfilment of this objective. The region hosts the cleanest energy grid in Germany, one which is characterized by a surplus of electricity generated by onshore and offshore wind power and reinforced by clean energy provided through grid interconnections to Denmark and Norway.Access to German industrial competence and automotive expertise will provide additional opportunities. Local manufacturing expertise of the Schleswig-Holstein region and Heide will ensure the factory is delivering batteries of the highest quality, while the factory itself will provide critical labor force experience with battery technology, an emerging cornerstone technology of the European economy.With sustainability at the forefront of design and decision-making surrounding Northvolt Drei, the factory will source significant volumes of its raw material requirements from recycled battery metals, as part of Northvolt’s commitment to source 50 percent of its raw material needs from recycling by 2030.Alongside battery production, Northvolt Drei will target an on-site battery recycling plant which will ensure efficient reuse of byproducts from the production process and provide a sustainable solution for end-of-life electric vehicle batteries recovered from European markets.