Northvolt

Northvolt is a Swedish multinational company specializing in the manufacturing of sustainable lithium-ion batteries. Founded in 2016 by Peter Carlsson and Paolo Cerruti, Northvolt aims to produce environmentally friendly energy storage solutions to support the transition to renewable energy and decarbonize various industries, including automotive and energy sectors.

Headquartered in Stockholm, Sweden, Northvolt operates several manufacturing facilities, with its flagship gigafactory, Northvolt Ett, located in Skellefteå. This facility is projected to be one of Europe’s largest battery factories, with the capacity to produce gigawatt-hours of battery cells annually. The company emphasizes the use of recycled materials and renewable energy sources in its manufacturing processes to reduce carbon emissions and improve sustainability.

Northvolt collaborates extensively with automotive manufacturers, energy companies, and technology firms to supply batteries for electric vehicles and energy storage projects. Its strategic partnerships include agreements with Volvo, Volkswagen, BMW, and other major players in the electric vehicle industry. Northvolt has also announced plans for additional gigafactories across Europe to expand production capacity and meet increasing demand for clean energy solutions.

The company's mission is to enable a green transition by providing reliable, sustainable, and locally produced batteries with a low environmental footprint. Northvolt’s focus on circular economy principles involves recycling end-of-life batteries to recover materials and reduce dependency on raw mineral extraction. In recent years, it has received significant investment from institutional and industrial investors, positioning itself as a key player in Europe's emerging battery supply chain.

Through its innovative approach and commitment to sustainability, Northvolt plays a vital role in Europe's strategy to become a leader in clean energy and electric mobility.