VW, BMW invest in Swedish battery cell producer Northvolt VW, BMW invest in Swedish battery cell producer Northvolt June 12, 2019 dzadmin Comments 0 Comment Volkswagen and BMW are among investors in Europe’s biggest lithium-ion battery plant, Sweden’s Northvolt said. Separately, VW said it was buying a 20 percent stake in Northvolt, which will also build a battery factory with VW in Germany.