Northvolt Competitors and Similar CompaniesClear all
Northvolt's competitors and similar companies include Shandong Sacred Sun Power Sources 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. |  Shandong Sacred Sun Power Sources Shandong Sacred Sun Power Sources (圣阳股份) is a manufacturer of stored energy solutions. | ||
Founding Date | Founding Date 2016 | Founding Date 1991 | Founding Date 2010 |
Type | Type Private | 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 San Jose, US HQ Kyoto, JP |
Employees | Employees 1,9575% increase | Employees 2,647 | Employees 8006% decrease |
Valuation ($) | Valuation ($) 12 b | Valuation ($) 480.5 m | Valuation ($) 2.8 b |
Financial | |||
Revenue (est.) | Revenue (est.) $128.3m (FY, 2023) | Revenue (est.) ¥2.8b (FY, 2024) | Revenue (est.) N/A |
Cost of goods | Cost of goods $690.6m (FY, 2023) | Cost of goods ¥2.4b (FY, 2024) | Cost of goods N/A |
Gross profit | Gross profit ($562.3m) (FY, 2023) | Gross profit ¥482.3m (FY, 2024) | Gross profit N/A |
Net income | Net income ($1.2b) (FY, 2023) | Net income ¥179.6m (FY, 2024) | Net income ($435.1m) (FY, 2025) |
Funding | |||
Total funding raised | Total funding raised $ 4.4b | Total funding raised N/A | Total funding raised $ 800m |
For sources of this data, please see the company profile
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Shandong 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.
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QuantumScape
HQ
San Jose, US
Employees
800↓ 6% decrease
QuantumScape is a company that provides electrical energy storage solutions.
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