In Good Company with Nicolai Tangen Northvolt CEO: Batteries, sustainability, Elon Musk and speed
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Feb 28, 2024 Peter Carlsson, CEO of Northvolt and former Tesla exec, discusses the future of sustainable battery production. He highlights the challenges of competing in a market dominated by China and the necessity for innovation and strategic partnerships. Peter emphasizes the role of batteries in transitioning away from fossil fuels and the importance of local supply chains in Europe. He shares insights on fostering a vibrant corporate culture while scaling and even takes listeners on a unique team-building journey through cross-country skiing.
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Northvolt's Sustainability Mission
- Northvolt aims to be a sustainable battery company, focusing on reducing the carbon footprint of battery production.
- They achieve this through sustainable supply chains, renewable energy, and circular setups.
Northvolt's Factory: A Defiant Success
- Despite initial skepticism, Northvolt is building one of Europe's largest battery factories, visible on Google Earth.
- This achievement defies industry doubts fueled by strong Chinese competition.
Navigating Chinese Competition
- Batteries are a scale business, and Chinese competitors have a significant head start.
- Northvolt differentiates through sustainable practices, technology advancements, and customer intimacy, tailoring batteries to specific needs like cold weather performance or fast charging.