Sweden’s automotive supply chain is undergoing a fundamental change, leaving behind a century of internal combustion engine expertise and instead focusing on the specialized components needed to manufacture electric vehicles. The country’s strong engineering background, access to renewable power and ambitious targets for decarbonizing industry have created a fertile breeding ground for innovation in EV components.” Unlike many automotive regions where traditional suppliers have been displaced by electrification, Sweden has moved core competencies into the EV era, including power electronics, thermal management and battery systems. Sweden has also incubated new entrants in high-growth segments such as charging infrastructure and cell manufacturing.
The transition is well illustrated by the following five manufacturers. They range from established power electronics specialists that are now under the wing of global automotive groups to battery joint ventures between industry giants to innovative thermal management start-ups that are addressing the unique challenges of EV battery performance. Each demonstrates that Swedish manufacturing is competitive not on volume but through technical specialization, quality and proximity to European OEMs.
Top 5 Swedish Automotive Parts Manufacturers for EV Production
- Preh Sweden AB (formerly ePower)
- NOVO Energy AB
- CTEK AB
- Charge Amps (manufactured by NOTE AB)
- APR Technologies AB
A Closer Look at the Top 5 Swedish Automotive Parts Manufacturers for EV Production
1. Preh Sweden AB (formerly ePower)
Preh Sweden AB, headquartered in Gothenburg with additional development facilities in Mullsjö, specializes in on-board chargers for electric and hybrid vehicles. The company started life as ePower, a business unit of Kongsberg Automotive and was later bought by Bavarian automotive supplier Preh GmbH (a subsidiary of China’s Joyson Group). With this takeover Preh has strengthened its e-mobility activities and combined the battery management expertise of Preh with the power electronics expertise of ePower.
Key Points
- Core product focus: On-board chargers as AC, DC and inverter converters in EV and hybrid powertrains.
- Customer base: Supply to Volvo and Lynk & Co. Established relationships with major OEMs.
- Development capacity: >20 staff in two Swedish locations, complemented by a network of some 50 engineering consultants in Sweden and India.
- Leadership: Led by Lennart Garpenstedt, former head of ePower at Kongsberg Automotive.
Achievements
- The Swedish unit was acquired by Preh GmbH, a global automotive supply group, in what CEO Christoph Hummel called “a targeted strengthening of our e-mobility activities.”
- Supplies critical powertrain elements that impact charging time and efficiency, a major differentiator for EV makers.
Feedback
Preh Sweden’s integration into the Preh/Joyson group gives it access to scale and customers that an independent Swedish specialist would not have had. But as a subsidiary, the decision is made by Germany and China. The company has a long-standing relationship with Volvo, noted at the time of acquisition, providing a stable revenue base.
Contact Information
Website: https://www.preh.com/en/
2. NOVO Energy AB
NOVO Energy AB is a Gothenburg-based battery manufacturer, established as a joint venture between Volvo Cars and Northvolt and dedicated to the design, development and industrialization of lithium-ion battery cells for electric vehicles. The company is a key part of the Nordic battery ecosystem and supplies cells to Volvo Cars, Polestar and other automotive applications. Its industrial plans are centered on low-carbon production using Nordic renewable electricity and responsible sourcing and traceability in line with the changing European battery regulations.
Key Points
- Ownership structure: A joint venture between Volvo Cars (customer and automotive OEM) and Northvolt (battery technology developer).
- Product focus: Automotive safety & performance-tailored lithium-ion battery cells.
- Sustainability positioning: Nordic renewable electricity for low-carbon production; responsible sourcing and traceability integrated into industrial planning.
- Ecosystem role: Part of a regional value chain including cathode, anode, electrolyte and recycling partners.
Achievements
- Supported by two of Sweden’s largest industrial companies, with technical know-how (Northvolt) and guaranteed demand (Volvo Cars).
- “Perfectly positioned to enable European battery independence and reduce reliance on Asian cell imports.
- Complies with stringent EU battery regulations for carbon footprint, due diligence and recycled content.
Feedback
NOVO Energy is the most strategic Swedish EV parts venture, combining the needs of a tier 1 automotive manufacturer with dedicated battery cell expertise. That said, the joint venture’s success hinges on Northvolt’s ability to scale production reliably—something the company has struggled with historically. The competitive landscape also includes established Asian battery manufacturers with decades of experience in production.
Contact Information
Website: https://www.novoenergy.se/
3. CTEK AB
CTEK AB is a global supplier of 12V battery chargers and the second-largest supplier in Sweden of chargers and accessories for electric vehicle charging. The head office is in Vikmanshyttan (Hedemora). The company has a great deal of experience in conventional vehicle battery management but has successfully transitioned to the EV era and is now supplying charging solutions for the premium vehicle segment. CTEK is listed on Nasdaq Stockholm under the symbol CTEK.
Key Points
- Market position: World’s supplier of 12V battery chargers; second-largest supplier of EV chargers and accessories in Sweden.
- Segment focus: Premium vehicle segment – charging solutions for higher specification EVs.
- Public company: Listed on Nasdaq Stockholm, with access to capital markets and financial transparency.
- Contact: Rostugnsvägen 3, SE-776 70 Vikmanshyttan, Sweden.
Achievements
- Successfully transitioned from traditional battery charging to EV charging infrastructure, demonstrating adaptability.
- Global presence, small Swedish town headquarters, local production and R&D.
- Aims for the premium segment—meaning higher margins and technical sophistication.
Feedback
CTEK’s established brand and distribution network gives it advantages that newer entrants don’t have. The EV charging market is, however, full of competitors ranging from automotive OEMs to energy utilities. Long-term growth will be determined by the company’s ability to retain its “second-largest” position in Sweden and expand abroad.
Contact Information
Website: https://www.ctek.com
4. Charge Amps (manufactured by NOTE AB)
Charge Amps is a Swedish growth company designing, developing and manufacturing smart charging stations, charging cables and advanced cloud services for electric cars. Founded in 2012, the company operates in more than 32 markets worldwide. Importantly, Charge Amps has partnered with NOTE AB, one of the leading EMS (Electronics Manufacturing Services) partners in Northern Europe, to manufacture its products, the HALO Wallbox™ and Aura charging boxes, in Norrtälje, Sweden. The chargers are made from recycled aluminum and have smart software that gives the user control and overview.
Key Points
- Design-first approach: Contemporary charging station design in recycled aluminum, a step away from utilitarian competitors.
- Manufacturing partnership: NOTE AB is the main supplier for the manufacturing, keeping the production in Sweden but using the EMS knowledge from NOTE.
- Software integration: Products provide a sophisticated cloud service (Charge Amps’ commerce cloud) that gives users control and an overview of charging.
- Customer base: We operate in 32+ global markets.
Achievements
- Successfully scaled up from a Swedish start-up to an international player while retaining domestic manufacturing.
- The partnership with NOTE AB, confirmed in an agreement from 2018, is a collaborative model, rather than a vertically integrated model—a common Swedish industrial approach.
- CEO Johannes Lind-Widestam said the EV charging segment was “good for the environment” and had “strong growth opportunities.”
Feedback
Charge Amps represents the value proposition “designed in Sweden, made in Sweden,” which attracts customers that value both design and local production. “With the partnership with NOTE, Charge Amps gets the opportunity to focus on design, software and brand while we benefit from NOTE’s manufacturing scale and quality systems. The company faces fierce competition from automotive OEMs (offering integrated charging ecosystems) and utility companies (offering energy bundles).
Contact Information
Website: https://charge-amps.com
5. APR Technologies AB
APR Technologies AB (Enköping, Sweden) develops advanced thermal management solutions for the battery packs of electric vehicles that enable higher energy density and ultra-fast charging. The company’s core technology is a small, recyclable, noise-free thermal material with no moving parts, which solves one of the biggest problems for EV battery performance: heat dissipation during fast charging. APR’s technology is also used in spacecraft and demanding electronics, which is a testament to its technical sophistication.
Key Points
- Core Technology: A passive thermal management system that has no moving parts and uses a recyclable, adaptable material.
- EV application: Improved heat management for ultra‑fast charging and higher energy density battery modules.
- Wider applications: also used in spacecraft (thermal control) and high-performance electronics, indicating technology readiness for demanding environments.
- Company background Founded in 2011, APR stands for Advanced Product Research.
Achievements
- The production system of APR complies with ECSS (European Cooperation for Space Standardization), a regime of certification more stringent than the usual standards for the automotive industry.
- As of 2026, secured seed funding (pending closing) of $3 million with two investors backing the company.
- The personnel have heritage from “leading companies within the space, the telecom and automotive hardware industries.”
Feedback
APR Technologies operates in a very specific niche where thermal performance is directly related to EV charging speed and longevity of the battery. The company’s technology is strategically valuable, as it can support ultra-fast charging, a key factor for consumer adoption. However, APR is a small, early-stage company (3 employees, per PitchBook) that needs to scale production and qualify as an automotive OEM, a long and capital-intensive process.
Contact Information
Website: https://aprtec.com
FAQ
Which Swedish company supplies battery cells for Volvo and Polestar EVs?
The joint venture, NOVO Energy AB, between Volvo Cars and Northvolt is specifically for the supply of lithium-ion battery cells to Volvo Cars, Polestar and other automotive applications. It is headquartered in Gothenburg and focuses on low-carbon production using Nordic renewable electricity.
What EV components does Preh Sweden manufacture?
Preh Sweden (formerly ePower) is a specialist in on-board chargers and AC, DC, or inverter converters for the powertrain of electric and hybrid vehicles. These are critical factors in deciding charging speed and powertrain efficiency. The company supplies Volvo and Lynk & Co.
Is there a Swedish manufacturer of EV charging stations?
Yes. Charge Amps designs and manufactures smart charging stations, including the HALO Wallbox™ and Aura models, manufactured in Sweden by NOTE AB. The company is active in more than 32 markets worldwide and is dedicated to modern design with recycled aluminum.
What is the most critical EV component shortage that Swedish manufacturers address?
The most strategically important part remains the battery cells, which are addressed by NOVO Energy (cells) and historically by Northvolt. APR Technologies is supplying thermal management systems that are becoming more important as ultra-fast charging requires better heat dissipation. Power electronics (on‑board chargers) too from Preh Sweden are also impacted by tight supply chains.
Which Swedish EV parts manufacturers are publicly traded?
CTEK AB is traded on Nasdaq Stockholm under the ticker symbol CTEK. NOTE AB, the manufacturer of Charge Amps products, is also listed on Nasdaq Stockholm. NOVO Energy and Preh Sweden are privately owned (subsidiaries). APR Technologies is a privately held company, funded with seed capital.
Do these manufacturers produce only for the Swedish market?
Nº. They are all deeply rooted in their homelands, but their customers and markets are global. Preh Sweden supplies Volvo (global OEM), CTEK is a global supplier of charging solutions, Charge Amps is operating in more than 32 markets and NOVO Energy’s cells will power vehicles sold across Europe and beyond.
What is the most innovative Swedish EV technology in early-stage development?
A new approach to battery cooling, with a passive thermal management system from APR Technologies that employs a recyclable, noise-free material with no moving parts. The technology is also used for spacecraft applications, indicating a high degree of technical readiness. As of 2026, the company has raised $3 million in seed money.
How does Sweden’s renewable electricity advantage EV parts manufacturing?
Production of battery cells using Nordic renewable electricity (mostly hydro and wind) can have dramatically lower carbon footprints than coal-intensive grid powered facilities. NOVO Energy says that low-carbon production with Nordic renewable electricity is a competitive advantage. That’s consistent with EU battery rules that will mandate carbon footprint disclosures – potentially giving the edge to Swedish-made cells over Asian imports with higher embedded emissions.
