Add office photos
Employer?
Claim Account for FREE
Northvolt
4.2
based on 5 Reviews
Working at Northvolt
Company Summary
Overall Rating
4.2/5
based on 5 reviews
Highly rated for
Company culture, Work-life balance, Work satisfaction
Critically rated for
Job security, Promotions, Skill development
Work Policy
Rotational Shift
34% employees reported
Strict timing
67% employees reported
Within city
50% employees reported
Day shift
100% employees reported
View detailed work policy
About Northvolt
Founded in--
India Employee Count--
Global Employee Count--
Headquarters--
Office Locations
--
Websitenorthvolt.com
Primary Industry
--
Other Industries
--
Are you managing Northvolt's employer brand? To edit company information,
claim this page for free
Managing your company's employer brand?
Claim this Company Page for FREE
Report error
Northvolt Ratings
based on 5 reviews
Overall Rating
4.2/5
How AmbitionBox ratings work?
5
2
4
2
3
0
2
0
1
1
Category Ratings
4.2
Company culture
4.2
Work-life balance
4.1
Work satisfaction
3.9
Salary
3.3
Skill development
3.1
Promotions
2.6
Job security
Northvolt is rated 4.2 out of 5 stars on AmbitionBox, based on 5 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Northvolt Reviews
Compare Northvolt with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 4.2/5 based on 5 reviews | 3.9/5 based on 1.3k reviews | 3.5/5 based on 2.1k reviews | 4.1/5 based on 1k reviews |
Highly Rated for | Work-life balance Company culture Work satisfaction | Job security Skill development Work-life balance | No highly rated category | Job security Work-life balance Skill development |
Critically Rated for | Job security Promotions Skill development | Promotions | Promotions Company culture Work satisfaction | No critically rated category |
Primary Work Policy | - | Work from office 84% employees reported | Work from office 79% employees reported | Work from office 82% employees reported |
Rating by Women Employees | - no rating available | 3.7 Good rated by 138 women | 3.8 Good rated by 65 women | 4.0 Good rated by 76 women |
Rating by Men Employees | - no rating available | 4.0 Good rated by 1.1k men | 3.5 Good rated by 1.9k men | 4.2 Good rated by 919 men |
Job security | 2.6 Poor | 4.3 Good | 3.4 Average | 4.3 Good |
View more
Northvolt Salaries
3.9
rated by 5 employees for salariesProduction Quality Control Engineer
(1 salaries)
Unlock
₹40.5 L/yr - ₹51.8 L/yr
Project Manager
(1 salaries)
Unlock
₹32.4 L/yr - ₹41.4 L/yr
Head Manufacturing
(1 salaries)
Unlock
₹13.9 L/yr - ₹17.7 L/yr
Material Planner
(1 salaries)
Unlock
₹27 L/yr - ₹34.5 L/yr
Tool Maker
(1 salaries)
Unlock
₹32.4 L/yr - ₹41.4 L/yr
Quality Control Laboratory Technician
(1 salaries)
Unlock
₹1.4 L/yr - ₹1.7 L/yr
Intern
(1 salaries)
Unlock
₹1.1 L/yr - ₹1.4 L/yr
Assembly Operator
(1 salaries)
Unlock
₹0.9 L/yr - ₹1.2 L/yr
Northvolt News
View all
After the Northvolt fiasco, is the future of Europe’s EV battery industry bound up with China?
- Northvolt, a European battery startup, failed to compete with Chinese players and went bankrupt in 2024.
- Several European EV battery projects have been postponed or abandoned, leading to a decrease in projected battery pipeline capacity for 2030.
- The future of Europe's battery industry may lie in joint ventures with Chinese companies, as demonstrated by the success of InoBat's partnership with Chinese battery maker Gotion.
- Other projects in Europe are proceeding without Chinese involvement, but startups like Verkor and Ilika may consider partnerships with Chinese firms to secure capital and scale.
Chargedevs | 8 Jan, 2025
Prime Movers Lab Rundown: Atom Computing and Microsoft Advance Partnership; XB-1 Prepares for…
- Microsoft and Atom Computing plan to launch a commercial quantum computer in 2025.
- Lyten acquires battery manufacturing assets from Northvolt.
- Boom Supersonic is preparing to fly supersonic within weeks, aiming to build the next Concorde.
- Focused Energy claims its fusion technology can power a major US city using minimal fuel.
Medium | 6 Dec, 2024
Germany Shoulders €600 Million Of Northvolt Debt
- Germany will assume more than €600 million ($629 million) of debt that its development bank had extended to Northvolt for the construction of a battery plant in the country.
- The federal government will reimburse lender KfW for the value of a convertible bond and related costs, although the total losses are yet to be determined.
- Northvolt, Europe's battery start-up, filed for Chapter 11 bankruptcy last month after failing to secure short-term funding and facing production challenges.
- The company needs to raise between $1 billion and $1.2 billion to restore its business and compete against Asian battery manufacturers.
Silicon | 3 Dec, 2024
Money for tech that matters
- Struggling Swedish battery manufacturer Northvolt files for bankruptcy in the U.S.
- German fintech unicorn N26 reports its first profitable quarter.
- Cybersecurity company Wiz acquires Dazz in a deal valued at $450 million.
- Cloud company Snowflake agrees to acquire data pipeline management company Datavolo.
TechCrunch | 23 Nov, 2024
Battery unicorn Northvolt files for bankruptcy, co-founder and CEO resigns
- Swedish battery manufacturer Northvolt has filed for bankruptcy in the U.S.
- Co-founder and CEO Peter Carlsson has resigned but will remain as an advisor and board member.
- The filing is seen as an opportunity for the company to reorganize and position itself for the long-term.
- Northvolt has faced challenges, including layoffs, asset unloading, and losing a major contract.
TechCrunch | 22 Nov, 2024
European Battery Maker Northvolt Files For Bankruptcy
- European battery maker Northvolt has filed for bankruptcy in the US to restructure its debt and scale back its business.
- The bankruptcy filing will allow Northvolt to access $245 million in new financing and $100 million of debtor-in-possession financing.
- The company produces lithium-ion batteries for the struggling electric vehicle industry.
- The bankruptcy restructuring process is expected to take about a year to complete.
Baystreet | 22 Nov, 2024
Northvolt files for Chapter 11 Bankruptcy Protection
- Swedish battery maker, Northvolt, files for Chapter 11 bankruptcy protection
- The filing is aimed at restructuring debt and scaling the business
- Northvolt has $30 million in cash and $100 million in new financing for the bankruptcy process
- Restructuring expected to be completed by the first quarter of 2024
Teslarati | 22 Nov, 2024
Northvolt, Hailed As Europe’s Future EV Battery Champion, Files For Bankruptcy
- Swedish-based lithium-ion battery manufacturer, Northvolt, has filed for bankruptcy protection in the United States.
- The company was seen as Europe's contender against China's EV battery dominance.
- Northvolt has $30 million in cash and $5.8 billion in debt.
- The bankruptcy process will allow the company to continue operations at a reduced scale.
Insideevs | 22 Nov, 2024
Northvolt files for bankruptcy protection in blow to Europe’s EV ambitions
- Northvolt, the Swedish maker of battery cells for electric vehicles, has filed for Chapter 11 bankruptcy protection in the US.
- The company has secured $100m in new financing for the bankruptcy process and operations will continue as normal during the process.
- Northvolt, which employs about 6,600 staff across seven countries, expects to complete the restructuring by the first quarter of 2025.
- The bankruptcy comes as a blow to Europe's ambitions of reducing reliance on Chinese rivals in the battery industry.
Guardian | 22 Nov, 2024
Battery unicorn Northvolt files for bankruptcy, upending Europe’s industrial plan
- Swedish battery manufacturer Northvolt has filed for bankruptcy, impacting Europe's plans for domestic lithium-ion batteries.
- The company chose Chapter 11 bankruptcy to address its financial troubles after layoffs and asset unloadings.
- Despite the setback, Northvolt may have a chance for recovery through partnerships, including with Volkswagen.
- Europe's ambition to compete with Asian rivals in battery manufacturing hinges on Northvolt getting its affairs in order.
TechCrunch | 22 Nov, 2024
Powered by
Compare Northvolt with
Suzlon Group
4.1
Hindustan Zinc
3.9
BHEL
4.1
Luminous Power Technologies
4.2
Mahindra Last Mile Mobility
3.8
Hero Electric
4.0
Okaya Power
3.7
TCS
3.7
Accenture
3.9
Wipro
3.7
Cognizant
3.8
Capgemini
3.8
HDFC Bank
3.9
ICICI Bank
4.0
Infosys
3.7
HCLTech
3.5
Tech Mahindra
3.5
Genpact
3.9
Teleperformance
3.9
Concentrix Corporation
3.8
Edit your company information by claiming this page
Contribute & help others!
You can choose to be anonymous
Companies Similar to Northvolt
Tata Power
Power
3.9
• 1.3k reviews
Exide Industries
Manufacturing, Electronics, Auto Components
3.5
• 2.1k reviews
Amara Raja Energy & Mobility
Auto Components
4.1
• 1k reviews
Suzlon Group
Internet, Manufacturing, Power
4.1
• 2.2k reviews
Hindustan Zinc
Metals & Mining
3.9
• 827 reviews
BHEL
Manufacturing, Power, Engineering & Construction, Electrical Equipment
4.1
• 1.7k reviews
Luminous Power Technologies
Manufacturing, Electronics, Consumer Electronics & Appliances
4.2
• 999 reviews
Mahindra Last Mile Mobility
Automobile, Manufacturing, Electronics
3.8
• 273 reviews
Hero Electric
Automobile, Internet
4.0
• 233 reviews
Okaya Power
Consumer goods, Manufacturing, Electrical Equipment
3.7
• 496 reviews
Northvolt FAQs
What are the pros and cons of working in Northvolt?
Working at Northvolt comes with several advantages and disadvantages. It is highly rated for company culture, work life balance and work satisfaction. However, it is poorly rated for job security, promotions / appraisal and skill development, based on 5 employee reviews on AmbitionBox.
Stay ahead in your career. Get AmbitionBox app
Helping over 1 Crore job seekers every month in choosing their right fit company
70 Lakh+
Reviews
5 Lakh+
Interviews
4 Crore+
Salaries
1 Cr+
Users/Month
Contribute to help millions
Get AmbitionBox app