Valmet Automotive opens battery plant in Finland
By Jason Dunn2021-09-20T11:38:00
As demand for EVs increases globally, hiking up production of battery packs is increasingly essential to OEMs. Carmakers are now seeking ways of building the packs and modules on the same site in order to simplify their supply chains.
Valmet Automotive has officially opened its Uusikaupunki, Finland battery plant, marking the start of production of high-voltage automotive battery modules and battery packs, part of a significant expansion of its electric vehicle battery-related manufacturing.
The tier one supplier plans to extend the plant further, running with four battery production lines in 2024. The battery plant will eventually have the capacity to manufacture 500,000 packs per year.