Hydrovolt

Hydrovolt

Hydrovolt was established by Northvolt and Hydro to deliver sustainable battery recycling in Europe and ensure that no battery is ever wasted.

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DateInvestorsAmountRound
investor

€0.0

round
*

NOK78.0m

Valuation: NOK78.0m

Acquisition
Total Funding000k
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Hydrovolt is a pioneering startup that specializes in sustainable battery recycling. The company was established by Northvolt and Hydro, with a mission to ensure that no battery is ever wasted. As the use of battery electric transportation increases, so does the need for responsible disposal and recycling of these batteries at the end of their life cycle. Hydrovolt operates primarily in Europe, with a significant presence in Norway, a country leading in the adoption of electric vehicles.

Hydrovolt's business model is centered around the recycling of batteries, particularly those from electric vehicles. The company recognizes the value of these batteries, even at the end of their life. Rather than allowing these materials to be wasted or sent to landfill, Hydrovolt recovers them to be reused in the manufacturing of new products. This not only reduces waste but also contributes to a more sustainable and circular economy.

The company's revenue is generated from the services it provides in recycling batteries and the sale of recovered materials to manufacturers. Hydrovolt serves a broad range of clients, including manufacturers of electric vehicles and other products that require batteries. The company is also in the process of establishing a world-leading battery recycling hub in Norway, further solidifying its position in the market.

Hydrovolt is contributing to the solution of one of the most significant challenges of our times - sustainable battery recycling. The company is actively hiring talented individuals who are interested in contributing to this mission.

Keywords: Sustainable, Battery Recycling, Electric Vehicles, Circular Economy, Waste Reduction, Material Recovery, Europe, Norway, Manufacturing, Environmental Responsibility.

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