![]() Beijing Easpring Material Technology Beijing Easpring Material Technology (北京当升材料科技股份有限公司) is a company engaged in the research and development of new energy materials. | ![]() Northvolt Northvolt is a company that manufactures battery cells and systems, including lithium-ion, sodium-ion, and lithium-metal battery cells and integrated battery systems. | |
Founding Date | Founding Date 2001 | Founding Date 2016 |
Type | Type Public | Type Private |
Tags | ||
Locations | Locations Beijing, CN HQ | Locations Stockholm, SE HQ Heide, DE Fredrikstad, NO Gdańsk, PL Setubal, PT Gothenburg, SE Skellefteå, SE see more |
Employees | Employees 1,798 | Employees 1,9575% increase |
Valuation ($) | Valuation ($) 2.9 b | Valuation ($) 12 b |
Financial | ||
Revenue (est.) | Revenue (est.) ¥10.2b (FY, 2025) | Revenue (est.) $128.3m (FY, 2023) |
Cost of goods | Cost of goods ¥9.1b (FY, 2025) | Cost of goods $690.6m (FY, 2023) |
Gross profit | Gross profit ¥1.3b (FY, 2025) | Gross profit ($562.3m) (FY, 2023) |
Net income | Net income ¥635.1m (FY, 2025) | Net income ($1.2b) (FY, 2023) |
Funding | ||
Total funding raised | Total funding raised $ 3.9m | Total funding raised $ 4.4b |

Northvolt is a company that manufactures battery cells and systems, including lithium-ion, sodium-ion, and lithium-metal battery cells and integrated battery systems.
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