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Publications

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  • 28 Apr 2023
  • News

Sweden’s Northvolt Electric Battery Maker: A Startup with a Mission

  • 28 Apr 2023
  • Cold Call Podcast

Sweden’s Northvolt Electric Battery Maker: A Startup with a Mission

Keywords: Re: George Serafeim; Battery; Auto; Electronics; Energy
  • 20 Dec 2023
  • Podcast

Sweden’s Northvolt Quest to Build the World’s Greenest EV Batteries

This bonus episode of Climate Rising features an episode of Harvard Business Review’s Cold Cast podcast with Brian Kenny interviewing HBS professor George Serafeim about his case on Northvolt, a Sweden-based start-up company producing batteries for Europe’s EV auto... View Details
  • November 2022 (Revised March 2024)
  • Case

Northvolt: Building Batteries to Fight Climate Change

By: George Serafeim, Debora L. Spar and Julia M. Comeau
In 2016, Swedish entrepreneurs Carl-Erik Lagercrantz and Peter Carlsson founded an electric battery company called Northvolt with the dual goals of creating a company to address climate change and bringing battery manufacture to Europe. Northvolt, which succeeded in... View Details
Keywords: Batteries; Climate Change; Factories, Labs, and Plants; Green Technology; Mission and Purpose; Goals and Objectives; Corporate Social Responsibility and Impact; Green Technology Industry; Battery Industry; Sweden; Europe
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  • November 2019 (Revised April 2021)
  • Technical Note

Rechargeable Batteries, 2017: Gigafactory Wars in the Offing?

By: John R. Wells and Benjamin Weinstock
In 2017, the global market for rechargeable lithium-ion (Li-ion) batteries was 126 gigawatt-hours (GWh) valued at $37 billion, growing by $10 billion in two years. Once confined largely to consumer electronics and appliances, the rapid increase in demand was spurred by... View Details
Keywords: Batteries; Rechargeable Batteries; Lithium-ion; Lithium-ion Batteries; Electric Vehicle; Electric Vehicles; Energy Entrepreneurship; Energy Markets; Energy Storage; Battery; Demand Uncertainty; Demand Forecasting; Supply ＆ Demand; Supply And Demand; Capacity Planning; Tesla; Technological And Scientific Innovation; Technological Change; Technology Change; Technology Commercialization; Policy Change; Subsidies; Power/Energy; Power Grid; Energy Policy; Developing Markets; Alevo; Samsung; LG Chem; CATL; Northvolt; General Motors; Energy; Entrepreneurship; Technological Innovation; Commercialization; Policy; Demand and Consumers; Forecasting and Prediction; Supply and Industry; Emerging Markets; Competitive Strategy; China
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  • August 2021 (Revised February 2022)
  • Case

Northvolt: Making the World's Greenest Battery

By: Jurgen R. Weiss and Emilie Billaud
In 2021, the demand for lithium-ion batteries increased rapidly, particularly for electric vehicles. Anxious not to be reliant on Asian players, Europe was keen on developing its own home-grown capacity to control the value chain, maintain employment in Europe, and get... View Details
Keywords: Electric Vehicles; Lithium-ion Batteries; Business Ventures; Energy; Green Technology; Technological Innovation; Growth and Development Strategy; Competitive Advantage; Transportation; Supply Chain; Globalized Markets and Industries; Goals and Objectives; Factories, Labs, and Plants; Battery Industry; Energy Industry; Green Technology Industry; Transportation Industry; Europe; Sweden; Germany; Poland
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  • Web

Hiring Organizations

Nexus Capital Management Nexus Venture Partners Niantic Nike Nikola Motor Company Nirvana Insurance Noetica AI Nominal - nominal.io Nomura Greentech Northvolt Northwell Health Notable Capital Novartis Novo Holdings NPR NVIDIA Nyca... View Details
  • Web

Podcast - Business & Environment

Director of Digital Strategy at Harvard T.H. Chan School of Public Health Brady Seals, Manager of RMI’s Carbon-Free Buildings program Drew Michanowicz, senior scientist, PSE Healthy Energy Jon Kung, Chef For transcripts and other resources, visit climaterising.org... View Details
  • Web

Curriculum - Business & Environment

2016, Swedish entrepreneurs Carl-Erik Lagercrantz and Peter Carlsson founded an electric battery company called Northvolt with the dual goals of creating a company to address climate change and bringing battery manufacture to Europe.... View Details
  • 01 Dec 2023
  • News

A Continuum of Innovation

on five cases written specifically for the course that involve companies ranging from Microsoft to Sweden’s Northvolt electric battery maker. These cases, designed to help students think about what it means to make a difference, look at... View Details
Keywords: Jennifer Gillespie
  • Web

HBS Alumni Conference: Accelerating Climate Solutions - Alumni

building “the world’s greenest battery” to fight climate change was a difficult—and perhaps unrealistic—goal. How much could Northvolt really contribute to the European effort against society’s greatest challenge? Leadership and Climate... View Details
  • 14 Apr 2023
  • Blog Post

New MBA Course Asks Students: What’s More Important—Purpose or Profits?

Institute for the Study of Business in Global Society (BiGS). Over two days, 11 faculty members from across the School taught five new cases involving companies ranging from Microsoft to Sweden’s Northvolt electric battery maker, raising... View Details
  • Web

Europe’s green transition | Institute for Business in Global Society

managing flood impacts to driving systemic change—amid robust analyses and their sustainability leadership legacy. Northvolt: Building batteries to fight climate change In 2016, Northvolt set out to fight climate change and bring battery... View Details
  • 24 May 2023
  • Blog Post

Innovating, Funding, and Scaling Climate Solutions at Harvard Business School: Day Three of Harvard Climate Action Week

circular economy. The breakout sessions following lunch featured smaller case studies and topical discussions: measuring and reducing climate emissions with Professor Robert Kaplan and Assistant Professor Shirley Lu; battery producer View Details