Facts

 

Founded

2016

Employees

400+

Nationalities

50+

Markets

Automotive, grid, industrial, portable

Solutions

Strategy, cells & battery systems, smart diagnostics

Locations

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

 

Industrial Partners & Customers

 

History

October 2016

Northvolt is founded with the mission to build the world's greenest battery to enable the European transition to renewable energy.

January 2017

Northvolt closes an initial funding round of €12 million.

March 2017

Northvolt is officially launched at its headquarters in Stockholm.

September 2017

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

October 2017

Northvolt confirms its gigafactory, Northvolt Ett, will be built in Skellefteå and a demonstration factory and research facility, Northvolt Labs, will be established in Västerås, Sweden.

February 2018

Northvolt's Battery Systems team completes development of its first battery module prototype.

March 2018

Northvolt's Cell Design team delivers its first test cell through collaboration with external partners in Japan.

March 2018

Surpassing 100 employees, Northvolt represents over 30 different nationalities.

April 2018

Northvolt commences construction of Northvolt Labs in Västerås.

June 2018

Northvolt receives an environmental permit for Northvolt Ett. Ground preparations at the site in Skellefteå begin the next day.

October 2018

Northvolt commences development of Northvolt Battery Systems Jeden, in Gdansk, Poland – a facility designed for industrialization and assembly of battery modules and solutions.

January 2019

Surpassing 200 employees, Northvolt has three factories under development.

March 2019

Northvolt R&D facilities produce the company's first prismatic cell.

April 2019

Northvolt receives a second environmental permit, extending Northvolt Ett production capacity to 16 GWh/year. Northvolt's Battery Systems team assembles its first stationary energy storage unit, Voltrack.

June 2019

Northvolt completes an equity capital raise of €900 million for development of Northvolt Ett. Further financing is secured through other lenders, including a €350 million loan from the European Investment Bank.

September 2019

A joint venture between Volkswagen Group and Northvolt is announced to establish a 16 GWh gigafactory in Germany.

Sustainability

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 compromise on our commitment to sustainability. 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

 
Employee

Martin Anderlind

Chief Talent Officer
Employee

Yasuo Anno

Chief Development Officer
Employee

Peter Carlsson

Chief Executive Officer
Employee

Paolo Cerruti

Chief Operating Officer
Employee

Oscar Fors

President Industrial Battery Systems
Employee

Sofia Graflund

General Counsel
Employee

Alexander Hartman

Chief Finance Officer
Employee

Christofer Haux

Vice President Automotive & Foundry
Employee

Fredrik Hedlund

Chief Strategy Officer
Employee

Landon Mossburg

Chief Digital Officer
Employee

Emma Nehrenheim

Chief Environmental Officer
Employee

Jesper Wigardt

Head of Corporate Communications & Public Affairs
Employee

Emad Zand

President Energy Solutions
 

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

Contact

Northvolt Headquarters

Gamla Brogatan 26
111 20 Stockholm
Sweden

Email:
hi@northvolt.com

Sales:
automotive@northvolt.com
grid@northvolt.com
industrial@northvolt.com
portable@northvolt.com

Press:
press@northvolt.com