Utility vehicle manufacturer Scania and Swedish Northvolt signed an agreement to jointly develop and commercialise battery cell tech for heavy duty vehicles. Scania says that it will invest 10m euros.
Both companies want to build up a common team that is going to be responsible for optimising production of battery cells specialised on electric utility vehicles. Moreover, the contract includes an off-take purchase agreement. The cooperation project will be situated in Northvolt’s research centre in Swedish Västerås.
Henrik Henriksson, Scania’s President and CEO, says that the cooperation shall help to encourage customers to select sustainable transport solutions. “Electrification will play a key part in the shift to a fossil free transport system. However, the current battery cell technology must be developed to fulfil the business requirements of heavy bus and truck customers.” And Peter Carlsson, Co-Founder as well as CEO of Northvolt and former Tesla manager adds: “With Scania’s product and business expertise combined with our cutting-edge manufacturing process, we are convinced that we can produce cost efficient and green battery cells of the highest quality for the heavy commercial vehicle market.”