Polarium
Making oil history through large-scale production of green batteries

POWERED BY THE FORCES OF NATURE
Northvolt has committed to power its factories with clean energy. This, combined with circularity within production and battery recycling, make up the blueprint for the world’s greenest battery.

SCALING UP OURSELVES TO SCALE UP MORE GAME CHANGERS
Vargas’ portfolio companies have invested approximately $8.4 billion in equity and debt to accelerate decarbonisation. Now, it is time to scale up ourselves to scale up more game changers. We will continue to push boundaries in the areas that matter the most, targeting highly emitting and hard-to-abate industries. And where the technological prerequisites and business cases exist, we will seize the opportunity and act. We aim to realise one ambitious company every year until 2025.
northvolt timeline
On a journey to enable the future of energy by developing the world’s greenest battery cell and establishing a European supply of batteries.