Paolo Cerruti

Northvolt AB manufactures lithium-ion batteries. Its properties include Foundry, Chemistry and Formfactor. The firm also provides solutions in the transportation, grid storage and industrial areas. The company was founded Peter Carlsson, Carl-Erik Lagercrantz, Olof Harald Mix and Paolo Cerruti in October 2016 and is headquartered in Stockholm, Sweden.

PowerX, Inc. is a Japanese next-generation energy company that aims to build a new energy grid of renewable energy storage. The company is based in Minato-ku, Japan, and the CEO of the company is Masahiro Ito. The company will construct a large-scale storage battery factory to manufacture and sell battery products that realize the explosive spread of natural energy. The PowerX ship battery is a safe and secure product that uses LFP, which is a safe and long-life battery. The battery can be installed in racks and provided as a large-capacity type of the industry-standard 10 or 20ft container type. With PowerX's large industrial storage battery mega power, businesses can significantly reduce their electricity bills. The company's solution can be introduced right now and will be available for shipping from 2023.