Invest in batteries in Sweden

Establish and scale battery operations with clean, reliable energy

Why Sweden for batteries

Sweden offers the conditions to establish and scale battery operations at industrial level. Companies benefit from fossilfree energy, strong engineering expertise, and a wellconnected ecosystem that supports investment across the entire battery value chain. Sweden gives you:

  • Fossil‑free and reliable electricity
    A stable power system with high grid reliability, supporting energy‑intensive battery manufacturing with a low carbon footprint.
  • Competitive operating conditions
    Predictable energy pricing, efficient logistics, and an industrial environment designed for long‑term investments.
  • A complete battery value chain
    Access to activities ranging from raw materials and components to cell manufacturing, systems integration, and recycling.
  • Strong collaboration across industry, academia, and government
    Public–private cooperation that accelerates permitting, skills development, and industrial scale‑up.
  • Established sites and infrastructure ready for transition and growth
    Existing industrial assets, research facilities, and testing environments that support both new establishments and expansions.
  • Targeted incentives and government support
    Sweden supports green industrialisation through targeted programmes that reduce risk and support establishment and expansion. We help you navigate the options and understand what may be relevant for your investment.
A complete and futureready battery value chain 

Sweden offers a complete battery value chain that supports both large‑scale manufacturing and emerging technologies. Companies can establish, expand, or partner across multiple stages of the value chain, supported by industrial infrastructure, research environments, and a strong focus on circularity and long‑term resilience. Opportunities across the battery value chain include:

Raw materials and processing

Mining, refining, and processing of critical battery materials, supported by established industrial operations and access to fossilfree energy.

Materials and components

Development and production of anodes, cathodes, electrolytes, separators, and related technologies serving both European and global markets.

Cell development and manufacturing

Pilot lines and industrial facilities that enable scaleup from development to commercial production.

Module and pack assembly

Integrated solutions for battery packs and systems, close to OEMs and application developers.

Applications and systems integration

Batteries for vehicles, industrial equipment, energy storage, and mobility solutions, combined with advanced power electronics and software.

Circularity and recycling

Secondlife solutions and recycling processes that support compliance, resource efficiency, and longterm sustainability.

As a hub for research, industry and capital, Sweden is becoming the key enabler of a sovereign European battery value chain. Christer Bergquist, CEO, Altris
Industrial hubs across Sweden


Sweden’s battery ecosystem is organised around a small number of industrial hubs, each with distinct strengths across the battery value chain. This makes it possible to establish operations close to suppliers, talent, infrastructure, and end‑markets – while benefiting from national coordination and support.

The process and energy hub (Northern Sweden)
This hub brings together energyintensive industries, materials processing, and largescale production. It offers access to fossilfree power, industrial sites, and logistics infrastructure suited for early and midstream battery activities.

Typical activities include raw materials, processing, cell manufacturing, and recycling.

The power system and R&D hub (Central Sweden)
Central Sweden combines advanced research environments with strong capabilities in power systems, automation, and testing. The hub supports companies moving from development to industrial scale, as well as those establishing R&D‑driven operations.

Typical activities include battery R&D, pilot lines, testing, systems integration, and software‑enabled solutions.

The mobility and application hub (Western Sweden)
Western Sweden focuses on battery applications and integration, with close links to Original Equipment Manufacturers (OEMs), mobility developers, and export infrastructure. The hub is well suited for companies working with packs, applications, and customer‑facing solutions.

Typical activities include module and pack assembly, vehicle integration, industrial applications, and energy storage systems.

Niche regions
Other parts of Sweden complement the main hubs with expertise in areas such as materials innovation, nano‑science, and advanced manufacturing. These regions provide additional options for companies seeking specialised capabilities or proximity to European markets.

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Battery guide

Sweden offers clean power, high grid reliability and Europe’s most complete battery value chain. Discover locations, capabilities and emerging technologies across the ecosystem.

Download the guide and explore the opportunities
Investment and expansion opportunities

Sweden offers a range of opportunities for companies looking to establish, expand, or restart battery‑related operations. Whether you are entering the European market for the first time or scaling an existing presence, the ecosystem supports investments across different stages, technologies, and business models. Typical investment and expansion opportunities include:

Greenfield and brownfield investments

Industrial sites and infrastructure suitable for new battery facilities, as well as existing assets that can be repurposed or expanded.

Scale‑up from pilot to industrial production

Environments that support the transition from development and pilot lines to commercial manufacturing.

Expansion of existing operations

Opportunities to increase capacity, add new processes, or integrate additional steps in the battery value chain.

Restart and transition of industrial assets

Facilities and sites with restart plans in place, offering faster time to operation for new owners or partners.

Partnerships and co‑investment

Collaboration opportunities with established industrial players, technology providers, and research organisations.

How we help you establish and scale in Sweden 

We support international companies throughout the establishment and expansion process in Sweden. We work as a long‑term partner, helping you navigate local conditions, reduce risk, and move efficiently from planning to operation. We work closely with public authorities, innovation agencies, and Nordic partners to ensure coordinated support throughout the establishment and expansion process. Our support includes:

  • Market and ecosystem insightsSector‑specific knowledge and insights into the Swedish battery ecosystem, helping you assess opportunities and positioning across the value chain.
  • Site selection and location analysis
    Support in identifying suitable industrial sites and regions based on your technical, operational, and commercial requirements.
  • Stakeholder coordination and matchmaking
    Connections to relevant public authorities, regions, industrial partners, and research organisations.
  • Permitting and regulatory guidance
    High‑level guidance on permitting processes and regulatory frameworks, in close dialogue with relevant stakeholders.
  • Project support from establishment to scale‑up
    Hands‑on support throughout the investment journey – from initial planning and set‑up to expansion and long‑term operations.

Our role is to help you move forward with clarity and confidence. Support is tailored to your needs and provided in close dialogue, ensuring that the right expertise and partners are involved at each stage.

 

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Industrial continuity following Northvolt

Sweden’s battery ecosystem continues to offer industrial capacity, skilled talent, and established sites. Following Northvolt’s bankruptcy in 2025, Lyten is acquiring key assets in Sweden and plans to restart operations with Swedish engineering teams. This ensures continuity of infrastructure, skills, and supply capabilities for companies looking to establish or expand battery operations in Sweden.

FAQ

What types of battery‑related investments are relevant in Sweden?

Sweden supports investments across the battery value chain, including materials and components, cell development and manufacturing, systems integration, energy storage, recycling, and nextgeneration technologies. 

How long does it typically take to establish battery operations in Sweden?

Timelines vary depending on project scope, location, and permitting requirements. Business Sweden helps companies understand realistic timelines and coordinate with relevant stakeholders early in the process to reduce uncertainty.

Is Sweden suitable for energy‑intensive battery manufacturing?

Yes. Sweden’s power system offers high reliability and largescale fossilfree electricity, making it well suited for energyintensive industrial operations, including battery manufacturing and materials processing.

Can Business Sweden help with site selection and permits?

Yes. Business Sweden supports companies with site selection, stakeholder coordination, and highlevel guidance on permitting processes, working closely with regional and national partners.

What support is available during establishment and scale‑up?

Companies may be eligible for various forms of support related to industrial establishment, innovation, sustainability, and infrastructure. Business Sweden helps you understand which options may be relevant and how to navigate the process.

Gustaf Sandegren
Global Program Manager – Battery Supply Chain Gustaf Sandegren
Talk to our battery investment team