Northvolt has secured contracts with major automotive manufacturers and has begun production at its Gigafactory in Sweden, with plans to expand capacity significantly over the next few years.
Revenue Amount
$500,000
ARR
$200,000
Organizations Involved
Volkswagen, BMW
Founders
Peter Carlsson, Paolo Cerruti
Company Description
Northvolt is a Swedish battery manufacturer that focuses on producing sustainable lithium-ion batteries for electric vehicles and energy storage systems. The company aims to create a circular economy for batteries by recycling and reusing materials.