Volvo has appointed former Tesla executive Adrian Clarke to drive forward its battery cell production company, as part of the firm’s joint venture with Northvolt.
Clarke and Volvo will work with battery development partner Northvolt to open a new dedicated battery factory and a research and development centre in Gothenburg.
The research and development centre will be the first step in a £2.5 billion strategy to build batteries for future Volvo EVs. Volvo said the new site will create "a few hundred jobs" and makes Volvo "one of the few automotive brands to make battery cell development and production part of its end-to-end engineering capabilities".
The two firms have now signed a binding agreement to create a joint venture for the development and production of EV batteries, having announced plans for a partnership earlier this year.
