Polarium X2 will focus on manufacturing Homevolt, a high quality, smart, and user-friendly consumer battery developed in collaboration with the digital electricity company, Tibber. Homevolt incorporates advanced software from Tibber that tracks market electricity prices hour by hour.

Located in Tomteboda, Stockholm, Polarium X2 is equipped with cutting-edge facilities designed to ramp up Homevolt production. By increasing Homevolt production capacity, Polarium aims to meet the rising demand for innovative energy options in households. Additionally, Polarium X2 offers the potential for future expansion into other types of battery production, thus encompassing Polarium’s entire value chain in-house in Sweden.

“We started Polarium with a vision to make energy storage safer, smarter, and more sustainable. With the launch of the Polarium X2 in Tomteboda, we are accelerating our mission, boosting our capacity to produce more Homevolt units, and helping more homes access smart energy solutions,” says Carl-Erik Lagercrantz, chairman of Polarium.