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Trading / Browse Companies / Northvolt Stock

Northvolt Stock

northvolt.comEnergyFounded: 2016Funding to Date: $6.42B

Northvolt manufactures sustainable batteries with minimal carbon footprint in Europe. This company was founded by Paolo Cerruti and Peter Carlsson in 2016 and is headquartered in Stockholm, Sweden. Northvolt develops sustainable lithium-ion batteries in conjunction with R&D, industrialization, and recycling to support clean energy. They also provide electrification and renewable energy storage designed for electric vehicles.

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Northvolt investors also invested in these private companies

Volkswagen Group
Goldman Sachs
Norrsken VC
Third Swedish National Pension Fund
Stena Metall
PCS Holding AG
OMERS
InnoEnergy
Fourth Swedish National Pension Fund
IMAS Foundation

Team

Management Team

Paolo Cerruti
Co-Founder, Board Member & Chief Operating Officer
Yasuo Anno
Chief Development Officer
Landon Mossburg
Chief Digital Officer & President, Northvolt America
Alexander Hartman
Chief Finance Officer
Cecilia Lundin
Chief People Officer
Peter Carlsson
Co-Founder, Chief Executive Officer & Board Member

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News

BLOOMBERG 04/25/2023
Sweden’s Northvolt to Make Batteries for Electric Planes
Swedish car-battery maker Northvolt is expanding into aviation, as it targets the nascent field of decarbonizing commercial flight.
REUTERS 04/18/2023
Northvolt and Scania unveil battery for heavy trucks
Truck-maker Scania and battery producer Northvolt on Tuesday said they had developed an electric battery with a lifetime equivalent to that of a truck.
BUSINESS INSIDER 04/03/2023
Northvolt, a $12 billion startup founded by an ex-Tesla VP, thinks crushing and shredding old batteries is the way to make electric vehicles truly sustainable
In the northern Swedish city of Skellefteå, 250 construction workers brave the cold every morning to build what's expected to be the largest battery-recycling facility in the world. The site, near the Arctic Circle, belongs to the battery-manufacturing startup Northvolt and sits next door to its well-established gigafactory, where it supplies automotive giants like BMW, Volkswagen, and Volvo.

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