Details

Last Funding Type

Series Unknown

Last Funding Money Raised

€10M

Industries

Battery,Clean Energy,CleanTech,Electronics,Manufacturing

Founded date

Jan 1, 2016

Number Of Employee

1001 - 5000

Operating Status

Active

Northvolt develops sustainable lithium-ion batteries in conjunction with R&D, industrialization, and recycling to support clean energy. It provides electrification and renewable energy storage designed for lithium-ion battery plant to produce batteries for electric vehicles. Northvolt's product is an environment-friendly battery manufactured with minimal carbon footprint and with recycling technology without compromising with important eco-systems, enabling the auto industry to replace fossil fuels with electricity in an efficient manner. The company aims to establish a supply of sustainable battery cells and systems.

In 2016, Paolo Cerruti and Peter Carlsson headquartered the company in Stockholm, Stockholms Lan.