Funding Details
- Awarder
- SemiNews
- Date Award
- June 20, 2023
- Vertical
- Batteries
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2016
- Organizations Involved
- BMW, Fluence, Scania, Volkswagen, Volvo Cars, Polestar
- Company Description
- Northvolt AB is a leading integrated battery platform focused on the R&D, manufacturing, and recycling of sustainable battery cells and systems. The company aims to produce the world's greenest and lowest carbon footprint batteries for electric vehicles, industrial systems, and energy storage systems. Northvolt emphasizes clean energy manufacturing, regional sourcing, and closed-loop circularity via recycling to offer the most sustainable batteries in the industry.
- Market
- Electric Vehicles, Industrial Systems, Energy Storage Systems
- Location
-
Northern Sweden,
Sweden
- Coinvestors
- Investment Management Corporation of Ontario (IMCO)
Links