The future needs high quality, green batteries. And it needs lots of them.
Electrification and storage are the keys to a carbon neutral society. The auto industry alone will need batteries in huge numbers to replace fossil fuels with electricity. The ability to store energy is also crucial to free the world’s energy generation and distribution from coal, oil and natural gas.
We enable this future by building Europe’s largest lithium-ion battery factory
Until now, the pace of change has been slow, mainly due to the high cost of batteries. With a unique opportunity to develop an entire industry from the ground up, we have set out to change this.
Scale and integration
By standardizing and greatly increasing the scale of production we’ll provide affordable high quality batteries. In addition, raw materials will be responsibly and efficiently sourced as close to the mines as possible. Especially from our mineral-rich Nordic peninsula.
Battery production is energy intensive, especially the early stage material preparation processes. By locating in the Nordics, we can power the factory and our batteries with clean, carbon free, low cost electricity.
By teaming up with the best talent, researchers, partners and investors and with cutting edge technology, we are building a truly smart factory.
Giving a second life to valuable materials is part of our mission. Recycling is at the heart of our business.
We have a mission
We’re all in for a giant societal transformation in how energy is produced, stored and used
Knowing what we know and where we see the future of transportation and energy heading, we have a mission to make this happen. And to make it happen as quickly and sustainably as possible.
Meet the team