Automotive, grid, industrial, portable


Strategy, cells & battery systems, smart diagnostics


Northvolt Japan

Osaka, Japan

Northvolt Labs

Västerås, Sweden

R&D center and demonstration line for qualification and industrialization of products and processes together with customers

Northvolt Stockholm

Stockholm, Sweden

Northvolt Ett

Skellefteå, Sweden

Main production site for battery cells, which includes active material preparation, cell assembly, recycling and auxiliaries

Northvolt Battery Systems

Gdansk, Poland

Production site for battery modules and energy storage solutions


October 2016

Initiated by Peter Carlsson and Paolo Cerruti, both previous executives from Tesla, together with Harald Mix and Carl-Erik Lagercrantz from Vargas Holding, Northvolt was founded with the mission to build the world's greenest battery, with a minimal carbon footprint and the highest ambitions for recycling, to enable the European transition to renewable energy.

January 2017

With financial backing from Vattenfall, Stena, InnoEnergy, the Swedish Energy Agency and Vinnova, Northvolt closed the initial funding round of €12 million. The funding was used to finance an 18 month project phase, including the establishment of a team of experts and a project office in Stockholm, until start of construction. At the same time, Yasuo Anno, one of the most experienced leaders in the battery cell industry, joined the company.

March 2017

The company was officially launched and changed its name from SGF Energy to Northvolt.

September 2017

A recycling program was initiated with Chalmers University in Gothenburg with the aim to industrialize the recycling process of lithium-ion batteries.

October 2017

After carefully studying 10 municipalities in Sweden and Finland for the establishment of the lithium-ion battery factory, Northvolt moved forward with the two Swedish municipalities of Skellefteå and Västerås, with the the large-scale factory, Northvolt Ett, to be built in Skellefteå and a demonstration line and research facility, Northvolt Labs, to be established in Västerås.

February 2018

Driven by customer demand, Northvolt Battery Systems, a team dedicated to developing complete battery systems, which includes cells, battery, data management systems and thermal control functions, for key customer segments, completed the first battery module prototype.

March 2018

Based on the highest industry standards, the cell design team delivered Northvolt's first test cell through collaboration with external partners in Japan.

March 2018

The Northvolt team grew to over 100 people. The company now had more than 30 different nationalities and had attracted people with backgrounds from a broad array of companies, such as Scania, Tesla, McKinsey, ABB and Renault Nissan.

April 2018

After initiating a number of industrial partnerships, as well as securing support from the European Investment Bank and the Swedish Energy Agency, Northvolt started construction of Northvolt Labs in Västerås. This action marked the first step towards the establishment of a European value chain for large-scale lithium-ion battery manufacturing.

June 2018

Less than six months after the final application was submitted, Northvolt received the environmental permit for Northvolt Ett. Ground preparations in Skellefteå began the next day.

October 2018

In order to meet the increased demand for complete battery solutions on the European market, Northvolt began the establishment of a new facility in Gdansk, Poland, to industrialize and produce battery modules.

January 2019

As Northvolt surpasses 200 employees, three factories are under construction — laying the foundations for the company’s future with Northvolt Ett in Skellefteå, Northvolt Labs in Västerås and Northvolt Battery Systems in Gdansk.

March 2019

As Northvolt Labs nears completion, R&D facilities produce Northvolt’s first prismatic cell.

April 2019

Northvolt receives a second environmental permit, providing authority to operate Northvolt Ett up to a production capacity of approximately 16 GWh/year. Work immediately begins on a third permit to further extend capacity. Meanwhile in Poland, Northvolt Battery Systems assembles its first stationary energy storage unit. Named Voltrack, the system has a usable energy capacity of 175 kWh.

June 2019

Northvolt completes equity capital raise to secure the establishment of the initial 16 GWh of Northvolt Ett. Volkswagen Group and Goldman Sachs Merchant Banking Division lead the €900 million equity capital raise alongside BMW Group, AMF, ATP, Folksam Group and IMAS Foundation. Further financing is secured through other lenders, including a €350 million loan from the European Investment Bank. It is also announced that a joint venture between Volkswagen and Northvolt will be created to establish a 16 GWh gigafactory in Germany. Furthermore, it is confirmed that supply agreements secured to date mean that a significant share of Northvolt Ett’s cell output has been sold, amounting to a combined order value of over $13 billion through 2030.


At Northvolt, sustainability is not a stand-alone strategy or function. It is at the core of our competitive advantage and the impact we strive to have. We believe that our batteries will enable the transition to a carbon neutral society and, as an organization, the way we conduct business will play a significant role in making this green transition more inclusive and ethical. It begins by sourcing responsibly and acknowledging our capacity to influence livelihoods around the supply chain. Our due diligence and traceability strategy will assure a value chain free of conflict, child labor and human rights abuses. We will also leverage our position in the chain to standardize decent employment and safe work environments, so benefits are felt beyond those directly contracted by us.

We have made a long-term commitment to producing the world’s greenest batteries and, as a result, environmental concerns guide decision-making within the company. We strive to make no comprises. Our production facility guarantees access to Sweden’s most sustainable energy grid. Investments in vertical integration and process design innovation at our research lab will enable us to continuously optimize resource use and reduce our ecological footprint.

Our priority is to build a circular system that disrupts the industry’s status quo on lifecycle management. We will take advantage of opportunities for industrial symbiosis and revaluing models within the Nordics. Materials will be sourced with similar compliance with the innovation, circularity and renewable energy principles that guide Northvolt itself. Our highest ambitions center on the end-of-life handling of our products, where we have ongoing R&D projects and a plan for our own recycling facility.

We recognise our responsibility as a global corporate citizen. We will work with employees, investors, partners, customers and communities to ensure that our products deliver integrated value and shape markets towards the achievement of the UN Sustainable Development Goals.


Management Team


Martin Anderlind

Chief Business Development Officer

Yasuo Anno

Chief Development Officer

Peter Carlsson

Chief Executive Officer

Paolo Cerruti

Chief Operating Officer

Oscar Fors

President Battery Systems

Sofia Graflund

General Counsel

Alexander Hartman

Chief Finance Officer

Fredrik Hedlund

Chief Strategy Officer

Landon Mossburg

Chief Automation Officer

Emma Nehrenheim

Chief Environmental Officer

Jesper Wigardt

Head of Corporate Communications & Public Affairs

Emad Zand

Chief Growth Officer

Board of Directors


Carl-Erik Lagercrantz

Chairman of the Board & CEO at Vargas Holding

Susanna Campbell

Investor & Industrial Advisor

Peter Carlsson

Chief Executive Officer of Northvolt

Paolo Cerruti

Chief Operating Officer of Northvolt

Tom Johnstone

Chairman of Husqvarna

Dr. Stefan Sommer

Member of the Board of Management, Volkswagen Group

Michael Bruun

Partner at Goldman Sachs

Sebastien Gagnon

Vice President at Goldman Sachs

Advisory Board


Reinhold Geijer

Board professional, Chairman BTS Group, Board member Skandia and SEK, Svensk Exportkredit, Served as CEO of RBS Nordics and CEO of Swedbank

Anders Kempe

CEO Bellbird, former EMEA President MSLGROUP and Founding Partner of JKL

Tom Niemi

Board professional, CEO and partner at Ab Marsuppium Oy, served as Deputy CEO at New Boliden, Chairman of the Finnish Geological Survey and Chairman of Raw Materials Group.

Diego Pavía

CEO KIC InnoEnergy. Served as CEO Atos Origin Iberia and South America, VP at SchlumbergerSema Energy and Utilities and Chairman of Spanish Consulting Association

Hans Stråberg

Chairman Atlas Copco, Board member Investor and Stora Enso, Former CEO and President of Electrolux

Anders Sundström

Former Minister for Enterprise, Chairman KF and Coop Sweden, Served as Chairman of Folksam and Swedbank

Anders Ullberg

Chair of Boliden and Studsvik, Board member of Atlas Copco and Beijer Alma, Former CEO and President of SSAB Swedish Steel


Northvolt Headquarters

Gamla Brogatan 26
111 20 Stockholm