LG Energy Solution Battery Nanjing Competitors and Similar CompaniesClear all

Northvolt's competitors and similar companies include Camel Group and CALB.

	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.	Camel Group Camel Group (骆驼集团股份有限公司) is a company that specializes in the R&D, production, and sales of batteries.	CALB CALB Group (中创新航科技集团股份有限公司, also known as China Aviation Lithium Battery) is a company that designs and manufactures battery products.
Founding Date	Founding Date 2016	Founding Date 1980	Founding Date 2007
Type	Type Private	Type Public	Type Public
Tags	Tags Manufacturing & Industrial batteries energy storage	Tags Manufacturing & Industrial batteries energy storage	Tags Manufacturing & Industrial batteries energy storage
Locations	Locations Stockholm, SE HQ Heide, DE Fredrikstad, NO Gdańsk, PL Setubal, PT Gothenburg, SE Skellefteå, SE see more	Locations Xiangyang, CN HQ Fengcheng, CN Wuhan, CN Wu Zhou, CN Xiangyang, CN Xiangyang, CN Xiangyang, CN see more	Locations Changzhou, CN HQ Chengdu, CN Hefei, CN Jiangmen, CN Meishan, CN Meishan, CN Wuhan, CN see more
Employees	Employees 1,9575% increase	Employees 7,5892% increase	Employees 10,534
Valuation ($)	Valuation ($) 12 b	Valuation ($) 1.4 b	Valuation ($) N/A
Financial
Revenue (est.)	Revenue (est.) $128.3m (FY, 2023)	Revenue (est.) ¥15.6b (FY, 2025)	Revenue (est.) ¥44.4b (FY, 2025)
Cost of goods	Cost of goods $690.6m (FY, 2023)	Cost of goods ¥13.8b (FY, 2025)	Cost of goods ¥32.1b (FY, 2025)
Gross profit	Gross profit ($562.3m) (FY, 2023)	Gross profit ¥1.9b (FY, 2025)	Gross profit ¥12.5b (FY, 2025)
Net income	Net income ($1.2b) (FY, 2023)	Net income ¥848.9m (FY, 2025)	Net income ¥2.1b (FY, 2025)