Northvolt develops cylindrical cell type 2170

Thursday, October 6, 2022

Battery manufacturer Northvolt recently announced the successful development of a Type 2170 round cell and plans to mass produce it soon. The specification 2170 means a diameter of 21 mm and a length of 70 mm of the individual battery cells. Northvolt’s entry into the market will further increase competitive pressure among global battery manufacturers, as South Korea’s LG Energy Solution and Samsung SDI, among others, are also active in this field. Battery production may involve, among other things, components and equipment that require KC certification to be used in the Korean market.

As Business Korea writes, Northvolt introduced the new battery type in its 2021 sustainability report and on its website. It also renamed the brand names for round cells and rectangular cells to “Ling on berry Power” and “Ling on berry Life,” respectively. Northvolt was founded in 2016 and has been able to rise to become a major battery manufacturer with strong support from Volkswagen Group. The automotive group hopes to reduce its dependence on Asian cell producers through its investment. In addition to VW, Northvolt’s customers include BMW and Volvo.

The global market for round cells is led by three companies: LG Energy Solution, Samsung SDI and Panasonic. According to analysts, Samsung SDI will feel the impact of Northvolt the most, as both companies manufacture identical products. In addition, Samsung SDI’s and Northvolt’s customers overlap, so competition could intensify. Nevertheless, South Korean battery experts believe that Northvolt is not currently at the technological level of its competitors. According to the experts, the technological lead of the South Korean manufacturers will continue for several more years. In all likelihood, they say, there will only be a shift in the market toward stronger regional supplies of battery cells. For example, European automakers could increasingly source their cells from Europe, said one industry analyst. Overall, however, demand for battery cells will increase as EVs become more widespread, and new as well as existing producers will benefit, the analyst concluded.

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