Northvolt Stock

northvolt.comEnergy / Energy StorageFounded: 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 Stock Price

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Northvolt Stock Price

Forge Price 1
Price not yet available
Last Closed Trade 2
Close Date
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Last Funding Round (LFR)
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xx/xx/xx
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Northvolt investors also invested in these private companies

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

Leadership & Board

Leadership

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

Northvolt stock FAQs

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Is Northvolt a public company?

No, Northvolt is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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Northvolt does not have an official ticker symbol because this company is not currently publicly traded.
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Northvolt’s news and media highlights

Germany is pushing Swedish battery maker Northvolt AB to build a second massive factory in the north of the country as part of Berlin’s continued push to attract green investment. Economy Minister Robert Habeck, speaking Monday at business conference in Bad Saarow, suggested that Northvolt build a twin factory in the north-eastern state of Mecklenburg-Vorpommern to the €5 billion ($5.4 billion) plant under construction in the town of Heide.
Northvolt AB is starting construction of a €5 billion ($5.4 billion) battery plant in northern Germany to supply electric cars, capping an intense lobbying effort under newly relaxed European Union state aid rules. The project will receive just over €900 million in handouts and guarantees from Germany, which helped prevent the project being lured to the US. Chancellor Olaf Scholz said the factory near the town of Heide will help support the country’s future as a manufacturing base.
Swedish lithium-ion battery producer Northvolt on Monday secured EU approval for 902-million-euro ($986.43 million) in German state aid to build an electric vehicle battery production plant in the north of Germany. The European Commission said the plant would accelerate the 27-country bloc's green transition and reduce fuel dependencies, and that the German aid was necessary as without it, Northvolt would build the plant in the United States with support from the U.S. Inflation Reduction Act.
Northvolt, an electric vehicle (EV) battery manufacturing company that’s privately owned, has had a breakthrough in the race to build EV batteries that do not require critical materials. The company develops EV battery manufacturing processes for critical materials including lithium-ion. However, Northvolt CEO Peter Carlsson said the company has successfully created technology to produce sodium-ion batteries on a large scale. Developed alongside researcher Altris, the Northvolt sodium-ion batteries have added sustainability benefits by avoiding critical materials.
Updated on: Oct 9, 2024

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