Northvolt

Northvolt is a European battery company founded in 2016 by former Tesla executives Peter Carlsson and Paolo Cerruti. The company focuses on developing and manufacturing lithium-ion battery cells to support the growing demand for sustainable energy solutions, particularly in the electric vehicle sector. Northvolt aims to drive the transition to a carbon-neutral future by providing high-quality, environmentally friendly battery products. The company operates several key facilities, including Northvolt Ett, its large-scale battery factory in Skellefteå, Sweden, which began commercial production in 2022. Northvolt Labs, located in Västerås, serves as the research and development center for early product development. Northvolt has formed significant partnerships, including a notable investment from Volkswagen, which acquired a 20% stake and plans to collaborate on a factory in Salzgitter, Germany. Through its commitment to sustainability and innovation, Northvolt plays a vital role in the electric vehicle industry.