Northvolt Competitors and Similar CompaniesClear all
Northvolt's competitors and similar companies include CALB, Shandong Sacred Sun Power Sources, Chaowei Power Holdings and QuantumScape.
 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. |  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. |  Shandong Sacred Sun Power Sources Shandong Sacred Sun Power Sources (圣阳股份) is a manufacturer of stored energy solutions. |  Chaowei Power Holdings Chaowei Power Holdings (超威動力控股有限公司) is a company that manufactures and sells batteries. | ||
Founding Date | Founding Date 2016 | Founding Date 2007 | Founding Date 1991 | Founding Date 1998 | Founding Date 2010 |
Type | Type Private | Type Public | Type Public | Type Public | Type Public |
Tags | |||||
Locations | Locations Stockholm, SE HQ Heide, DE Fredrikstad, NO Gdańsk, PL Setubal, PT Gothenburg, SE Skellefteå, SE see more | Locations Jining Shi, CN HQ Fargues, FR Hong Kong, HK Singapore, SG Dubai, AE | Locations Zhejiang, CN HQ West Bay, KY Hong Kong, HK | Locations San Jose, US HQ Kyoto, JP | |
Employees | Employees 1,9575% increase | Employees 10,534 | Employees 2,647 | Employees 13,770 | Employees 8006% decrease |
Valuation ($) | Valuation ($) 12 b | Valuation ($) N/A | Valuation ($) 480.5 m | Valuation ($) N/A | Valuation ($) 2.8 b |
Financial | |||||
Revenue (est.) | Revenue (est.) $128.3m (FY, 2023) | Revenue (est.) ¥44.4b (FY, 2025) | Revenue (est.) ¥2.8b (FY, 2024) | Revenue (est.) ¥54.4b (FY, 2025) | Revenue (est.) N/A |
Cost of goods | Cost of goods $690.6m (FY, 2023) | Cost of goods ¥32.1b (FY, 2025) | Cost of goods ¥2.4b (FY, 2024) | Cost of goods ¥50.2b (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit ($562.3m) (FY, 2023) | Gross profit ¥12.5b (FY, 2025) | Gross profit ¥482.3m (FY, 2024) | Gross profit ¥4.8b (FY, 2025) | Gross profit N/A |
Net income | Net income ($1.2b) (FY, 2023) | Net income ¥2.1b (FY, 2025) | Net income ¥179.6m (FY, 2024) | Net income ¥516m (FY, 2025) | Net income ($435.1m) (FY, 2025) |
Operating ⚠ | |||||
Trademarks (US) | Trademarks (US) N/A | Trademarks (US) 1 (May, 2022) | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) 1 (FY, 2020) |
Funding | |||||
Total funding raised | Total funding raised $ 4.4b | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 800m |
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CALB
HQ
Changzhou, CN
Employees
10,534
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.
View companyShandong Sacred Sun Power Sources
HQ
Jining Shi, CN
Employees
2,647
Shandong Sacred Sun Power Sources (圣阳股份) is a manufacturer of stored energy solutions.
View companyChaowei Power Holdings
HQ
Zhejiang, CN
Employees
13,770
Chaowei Power Holdings (超威動力控股有限公司) is a company that manufactures and sells batteries.
View company
QuantumScape
HQ
San Jose, US
Employees
800↓ 6% decrease
QuantumScape is a company that provides electrical energy storage solutions.
View company