Analysis

June 24, 2021

Can Northvolt solve Europe’s impending electric car battery problem?

The five-year-old Swedish battery startup is already valued at $11.75bn. Can Europe bank on its battery solutions?


Sarah Drumm

6 min read

Northvolt

In the heart of Swedish Northlands, just three hours drive from the Arctic Circle, a former Tesla manager is building a battery factory so large it would fill 100 football pitches and produce enough power to light 6bn light bulbs a year.

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Northvolt founder Peter Carlsson
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