Northvolt Revenue and Competitors

Location

$7.1B

Total Funding

Electronics

Industry

Estimated Revenue & Valuation

  • Northvolt's estimated annual revenue is currently $1.3B per year.(i)
  • Northvolt's estimated revenue per employee is $350,350
  • Northvolt's total funding is $7.1B.
  • Northvolt's current valuation is $9.1B.

Employee Data

  • Northvolt has 3783 Employees.(i)
  • Northvolt grew their employee count by 57% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$15.4M52-86%$2400M$1B
#2
$46850M5219926%$20.2B$1.1T
#3
$101.1M581-6%$1.2B$8.7B
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Electrification and renewable energy storage are the keys to a carbon neutral society. Batteries will enable the transition. The auto industry alone will need batteries in huge numbers to replace fossil fuels with electricity. The ability to store energy is also crucial to free the world's energy generation and distribution from coal, oil and natural gas. Northvolt accelerates this transition by building Europe's largest battery factory. We are currently staffing our Stockholm office in order to start construction of the factory during 2018. Take a look at our career opportunities!

keywords:N/A

$7.1B

Total Funding

3783

Number of Employees

$1.3B

Revenue (est)

57%

Employee Growth %

$9.1B

Valuation

N/A

Accelerator

Northvolt News

2022-04-20 - Top autos CEO warns of battery supply scarcity as EV competition heats up

In February, Volvo Cars and battery maker Northvolt said they would build a battery manufacturing plant in Gothenburg, Sweden.

2022-04-06 - Galp and Northvolt select Setúbal for Aurora advanced lithium ...

As part of the JV agreement, Northvolt will secure an offtake for up to 50% of the plant's capacity for use in its battery manufacturing. Posted...

2022-03-30 - Northvolt cells will power electric Volvo XC60 successor

Finally coming in as full BEV in two years, the Volvo XC60 will be powered by Northvolt batteries – first from the company's existing...

2021-10-07 - Northvolt expands research facility in Västerås

The Swedish battery cell manufacturer Northvolt is investing 750 million US dollars in the expansion of its research centre Northvolt Labs in Västerås. The site will be expanded to include a campus with a new research and development centre, customer centre and offices. The construction of the ...

2021-06-21 - Northvolt & Volvo Cars consider battery cell joint venture

Volvo Car Group and Northvolt want to set up a joint venture to develop and produce more sustainable batteries tailored to power Volvo’s and Polestar’s next generation of pure electric cars. The plans include R&D and a large scale cell factory in Europe. A research and development centre in Swe ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$1229.6M385275%N/A
#2
$853.4M420410%N/A
#3
$853.4M420410%N/A
#4
$1660M5530-9%N/A
#5
$1126.7M606125%$4.5B