Launching Gigafactory Startups in Europe and America: Lars Carlstrom, Founder, Italvot & Statevolt

Lars Carlstrom is a Swedish-born entrepreneur with a gift for identifying the next big opportunity. In 2019, he co-founded Britshvolt and quickly persuaded industrialists and politicians in the UK to endorse the idea of a national champion British battery company. In 2021, Carlstrom founded Milan-based Italvolt. Earlier this year, Carlstrom announced the formation of Statevolt in Imperial Valley, California. Lars tells us he was motivated by the opportunity to introduce new technologies that will deliver cleaner air to cities. But more than anything else, Lars was inspired by the prospect of creating new jobs. His sites in the UK, Italy and America are all venues of former industrial glory which have gone dormant in recent decades. Mr Carltrom calls the move to electrification a once-in-a-hundred years phenomenon. He also says that we are in the very early stages of the transformation.

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