NORTHVOLT
Northvolt develops sustainable lithium-ion batteries in conjunction with R&D, industrialization, and recycling to support clean energy. It provides electrification and renewable energy storage designed for lithium-ion battery plant to produce batteries for electric vehicles. Northvolt's product is an environment-friendly battery manufactured with minimal carbon footprint and with recycling technology without compromising with important eco-systems, enabling the auto industry to replace fossil fuels with electricity in an efficient manner. The company aims to establish a supply of sustainable battery cells and systems. In 2016, Paolo Cerruti and Peter Carlsson headquartered the company in Stockholm, Stockholms Lan.
NORTHVOLT
Industry:
Battery Clean Energy CleanTech Electronics Manufacturing
Founded:
2016-01-01
Status:
Active
Email Addresses:
[email protected]
Total Funding:
7.07 B USD
Technology used in webpage:
Domain Not Resolving Euro Google Analytics 4 Japanese Yen Hotjar Mobile Optimized Apollo GraphQL 3 To 9 CcTLD Redirects Mixpanel TELE2
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Current Advisors List
Current Employees Featured
Founder
Acquisitions List
| Date | Company | Article | Price |
|---|---|---|---|
| 2021-03-10 | Cuberg | Cuberg acquired by Northvolt | N/A |
Investors List
Olympia Group
Olympia Group investment in Convertible Note - Northvolt
IMAS Foundation
IMAS Foundation investment in Convertible Note - Northvolt
Swedbank Robur
Swedbank Robur investment in Convertible Note - Northvolt
OMERS Capital Partners
OMERS Capital Partners investment in Convertible Note - Northvolt
Compagnia di San Paolo
Compagnia di San Paolo investment in Convertible Note - Northvolt
ATP
ATP investment in Convertible Note - Northvolt
TM Capital
TM Capital investment in Convertible Note - Northvolt
Volkswagen Group
Volkswagen Group investment in Convertible Note - Northvolt
PCS Holding AG
PCS Holding AG investment in Convertible Note - Northvolt
Goldman Sachs Asset Management
Goldman Sachs Asset Management investment in Convertible Note - Northvolt
Investments List
| Date | Company | Article | Money raised |
|---|---|---|---|
| 2022-03-21 | Altris | Northvolt investment in Series A - Altris | 9.6 M EUR |
More informations about "Northvolt"
About - Northvolt
We are Northvolt In 2017, we announced a bold and simple plan: to enable the future of energy by developing the world’s greenest battery cell and establish a European supply of batteries. …See details»
Northvolt - Wikipedia
Northvolt AB is a Swedish battery developer and manufacturer, specialising in lithium-ion technology for electric vehicles. Founded in 2015 by two former Tesla executives, it commissioned its first manufacturing plant in Skellefteå, Sweden in 2021 and has announced plans for five others in Europe and North America. See details»
Northvolt | Northvolt
We’re in the battery business. Manufacturing with clean energy, our mission is to deliver batteries with a 90% lower carbon footprint compared to those made using coal energy. And we’re …See details»
Canadian pension funds exposed as battery maker Northvolt …
Nov 18, 2024 · Several Canadian pension funds have sizable financial exposure in the event of a bankruptcy filing by Northvolt AB, the Swedish battery maker that is burning through cash as …See details»
Northvolt CEO resigns as battery maker starts …
6 days ago · Northvolt AB’s founding chief executive stepped down on Friday as the struggling European maker of electric-vehicle batteries began a court-monitored restructuring process, with a $7-billion...See details»
Northvolt's bankruptcy filing won't affect Quebec …
6 days ago · Quebec Economy Minister Christine Fréchette is reassuring the province following the announcement that Northvolt, the Swedish battery manufacturer, has filed for bankruptcy protection.See details»
Northvolt files for Chapter 11 reorganization
6 days ago · Process will help secure Northvolt’s long-term mission to establish a homegrown, Western industrial base for battery production; Stockholm, Sweden – Northvolt AB and certain of its subsidiaries (“Northvolt”) voluntarily filed for …See details»
EV battery maker Northvolt faces major roadblocks | CTV News
Nov 20, 2024 · Swedish electric vehicle battery manufacturer Northvolt is fighting for its survival as Canadian taxpayer money and pension fund investments hang in the balance.See details»
Canada will not offer additional funding to Northvolt, government ...
6 days ago · TORONTO, Nov 21 (Reuters) - Canada does not plan to invest anymore in Swedish electric-vehicle battery maker Northvolt in light of its bankruptcy filing in the United States on …See details»
Northvolt says Quebec battery plant will proceed …
6 days ago · Northvolt AB has filed for bankruptcy protection in the United States, but said the move will not jeopardize the manufacturer's planned electric vehicle battery plant in Quebec — though hundreds...See details»
Northvolt goes from Europe battery promise to crisis
6 days ago · Northvolt, whose motto is "make oil history", has received more than $10 billion in equity, debt and public financing, and counts Volkswagen, with a 21% stake, and Goldman Sachs, with a 19%...See details»
Northvolt's Quebec gigafactory faces delays as funding dries ...
Oct 5, 2024 · Northvolt has been racing to shore up its finances, which are partly weighed by an inability to access at least US$1.5 billion in loan commitments. Factory performance …See details»
Battery maker Northvolt moves ahead in Canada but at slower pace
TORONTO, Sept 9 (Reuters) - Electric vehicle battery maker Northvolt is moving ahead with plans to open a C$7 billion battery plant in Canada but at a slower pace in light of its announcement...See details»
EV battery maker Northvolt files for bankruptcy protection in the U.S.
6 days ago · Northvolt AB, the struggling European battery maker, has filed for bankruptcy protection in the United States, and said a $7-billion factory under construction in Quebec has …See details»
‘There was so much promise’: How Northvolt tumbled into …
5 days ago · Founded in 2016 with the promise of loosening the stranglehold of Asian companies on battery manufacturing, Northvolt became the symbol first of Europe’s ambitions, and then …See details»
Battery Maker Morrow Calls for Clarity on Make-or-Break Loan
1 day ago · Innovation Norway has made a “grounded assessment” of the company, including meetings and document reviews, Bacher said in his letter. He argued that the government …See details»
EV battery giant Northvolt to build multibillion-dollar plant in …
Sep 28, 2023 · Northvolt, a Swedish battery manufacturing giant, says it will build a new multibillion-dollar electric vehicle battery plant east of Montreal — a project Quebec leaders …See details»
Exclusive: Crisis-hit EV battery champion Northvolt struggles to hit ...
Nov 18, 2024 · Embattled green tech player Northvolt has missed some in-house targets and has curtailed production at its battery cells plant in northern Sweden, according to internal …See details»
Northvolt takes major actions to support and enhance …
6 days ago · Northvolt was established in 2016 in Stockholm, ... and opinions expressed in this press release belong solely to the organization that provided the press release and do not …See details»
News - Northvolt
Decision follows suspension of the expansion project in September 2024. Following initial steps taken as part of its strategic review, and in response to a challenging macroeconomic climate, …See details»