Northvolt
Swedish firm Northvolt manufactures eco-friendly lithium-ion batteries.
Swedish firm Northvolt manufactures eco-friendly lithium-ion batteries.
Founded in 2015 as SGF Energy, Northvolt is a Swedish company specializing in the development and manufacturing of eco-friendly lithium-ion batteries. The company’s core mission is to provide sustainable energy solutions to support the global transition away from fossil fuels. With headquarters in Stockholm, Northvolt aims to produce batteries with a significantly lower carbon footprint by utilizing clean energy in their manufacturing processes. Their products are designed for various applications, including electric vehicles and energy storage systems, targeting markets that prioritize sustainability and environmental responsibility.
Notable figures associated with Northvolt include co-founders Peter Carlsson, Paolo Cerruti, Harald Mix, and Carl-Erik Lagercrantz. The company has attracted significant investment and partnerships, contributing to its rapid growth and expansion. Key achievements include the establishment of multiple gigafactories and securing major contracts with leading automotive manufacturers. Northvolt's impact is evident in its contribution to reducing carbon emissions and promoting renewable energy, positioning it as a pivotal player in the global shift towards sustainable energy solutions.
Companies similar to Northvolt include Sunwoda Electronic, LG Energy Solution, AM Batteries and Redwood Materials.
Northvolt was founded in 2015.
Northvolt's headquarters is located in Stockholm, Stockholm County, SE.
Northvolt's most recent funding round was for €4.6B (EUR) in January 2024.
As of Jan 16, 2024, Northvolt has disclosed funding of $13.8B (USD). Undisclosed round amounts are excluded.
Northvolt has 3,512 employees as of Feb 4, 2024.
Redwood Materials
