Tier 1 battery suppliers Sweden

Are Northvolt and sunwoda a Tier 1 battery manufacturer?

Swedish startup Northvolt and China’s Sunwoda have reached Benchmark's Tier One electric vehicle battery cell manufacturer status, as assessed by Benchmark in its Lithium ion Battery Gigafactory Assessment, as they expand capacity to challenge established producers such as CATL, BYD and LG Energy Solution.

How many Tier 1 lithium-ion battery producers are there?

“Benchmark assigns each producer into three tiers based our three Qs: quality, quantity and qualification. Northvolt’s addition means the industry now has nine tier one lithium-ion battery producers.” Key to developing cells to meet customer specifications has been Northvolt Labs in Västerås, Sweden.

Is Northvolt ETT a Tier 1 battery producer?

The delivery of commercial volumes from Northvolt Ett therefore represents a milestone on our journey – one that is marked by Northvolt becoming the first European company to be ranked by Benchmark Mineral Intelligence as a Tier One battery producer. Caspar Rawles, Chief Data Officer at Benchmark comments.

Is Northvolt a benchmark Tier 1 lithium-ion battery producer?

Caspar Rawles, Chief Data Officer at Benchmark comments. “With commercial deliveries commencing in Q2 2022, Benchmark has upgraded Northvolt to Benchmark Tier 1 status of lithium-ion battery cell producers for the automotive industry.”