Sustainability Magazine July 2024 | Page 37

NORTHVOLT

TOP 10 04 Northvolt

Peter Carlsson
CEO , Northvolt

NORTHVOLT

REVENUE : US $ 11.8BN ( FEB 2024 ) CEO : PETER CARLSSON FOUNDED : 2015 HEADQUARTERS : SWEDEN
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 Sweden in 2021 and has announced plans for five others in Europe and North America . Today , its mission is to build the world ’ s greenest battery , with minimal carbon footprint and the highest ambitions for recycling . It has raised US $ 9bn in total funding across 13 rounds . sustainabilitymag . com 37