ALELION ENERGY SYSTEMS builds Sweden's first factory for large-scale production of lithium-ion batteries for vehicles

2018-01-29 - Alelion Energy Systems AB

Alelion Energy Systems has decided to build a factory in Gothenburg for the production of lithium batteries for use in, among other things, industrial vehicles. The factory is expected to be completed in 2018 and will be the first of its kind in Sweden. "We have developed and delivered lithium-ion batteries for more than ten years and seen how the market for these products has matured as the steadily increasing interest in electrification and sustainable energy solutions has," said Alelion Energy Systems CEO Daniel Troedsson. "With  a dedicated production facility, we are able to profitably take advantage of the commercial opportunities of Lithium technology."

Alelion Energy Systems is currently developing the next generation of lithium-ion batteries and the investment in the dedicated factory is being done to better meet different customer requirements and to seize the global potential of the new products. The funding includes the Gothenburg-based investment company Pegroco Invest AB and the state-owned venture capital company Fouriertransform AB.

"Our new Generation 3 batteries provide us with many more possibilities for industrial standardization and adaptation to specific requirements of different customer segments and markets", said Alelion CEO Daniel Troedsson. "With the new batteries and their own production facility, we can in a completely different way meet the sharp rise in global demand for lithium-ion batteries that follow in the wake of the need for more sustainable transport."

The factory will be built in the Volvo area in Torslanda on Hisingen and will initially have a technical production capacity of barely 500 MWh per year. The production line will have a high degree of automation but still allow completely customised production as a result of the new generation of batteries based on modules. Initially, some 20 people are expected to be recruited.

"Thanks to the flexible production model, the factory will be able to handle both current and future battery technologies, which is a major advantage in a market characterised by rapid technological development," says Daniel Troedsson.

Lithium-ion batteries are of great importance to the transition to more sustainable transport and lithium technology is today the predominant battery technology for electrification of vehicles such as cars and buses. Alelion started with lithium-ion batteries as early as 2006 and is a supplier to some of the world's largest forklifts, including Toyota Material handling and Jungheinrich. In the truck industry, a rapid transition from lithium-ion lead-acid batteries is underway, providing significant direct and indirect environmental benefits. Even better, lithium-ion batteries contain neither lead nor generate hydrogen when charging, they have a significantly higher energy efficiency and therefore provide less greenhouse gas emissions from carbon dioxide. Alelion’s own calculations show that if all trucks in Europe were to switch to lithium-ion batteries, it would result in a reduction of 3 million tonnes of CO2, corresponding to one tenth of Sweden's total annual emissions.

In recent years, interest in electrification and sustainable energy solutions has increased dramatically, which also paved the way for alelion expansion and investment in the dedicated factory.

"We have only just begun to explore the opportunities that lithium-ion technology provides for more sustainable energy solutions," said Daniel Troedsson. "The electrification of various types of vehicles was the starting point and the major breakthrough for lithium-ion technology, but we are now seeing how this technology can be used for everything from storing excess energy to balancing and optimizing energy use in homes and industries. "

For more information, please visit or contact:

Daniel Troedsson

VD, Alelion Energy Systems AB (publ)

Tel: +46 707 51 67 10


The information in this press release contains insider information that Alelion Energy Systems AB (publ) will publish under the EU market abuse regulation. The information was provided by the contact person mentioned above for publication on 29 January at 12.10 CET

About Alelion Energy Systems AB (publ)

Alelion Energy Systems AB (publ) develops and sells lithium-ion batteries and energy storage systems. The focus is on the segment material handling and batteries for forklifts to replace today's lead-acid batteries and diesel engines. Lithium Ion technology is superior to lead-acid technology in all respects.

A lithium-ion battery is energy-efficient, lighter, longer-lasting and also contributes to significantly less environmental impact. The company currently has a leading position in this market. Read more at

Alelion’s largest owner is Fouriertransform AB and the Gothenburg-based investment company Pegroco Invest AB. The company's share (ALELIO) is traded on Nasdaq First North Stockholm with the G&W Fondkommission as a Certified adviser, phone +46-8-503 000 50

Release (pdf)



2019-12-19 Åsa Nordström appointed as new CEO of Alelion Energy Systems AB

Åsa Nordström has been appointed as new CEO of Alelion Energy Systems AB.
She previously held the position of Sales and Marketing Manager for Alelion and has been serving as Acting CEO for the company since August. “Åsa has done an outstanding job as Acting CEO and established her position both internally and externally as an excellent manager and leader for the company. Her valuable input along with her solid understanding of the business and the products make a combination that is exactly what the company needs at this point in time,” says Jan Forsberg, chairman of Alelion’s board of directors.


2019-12-10 Alelion Energy Systems high voltage batteries meet certification requirements for road vehicles opening up for new opportunities in the special vehicle segment.

Tests show the batteries meet all the requirements for batteries and battery systems to be used in road vehicles. Alelion will now take a place among the limited number of manufacturers whose high voltage systems are approved for this market segment bringing new opportunities for sales to this vehicle category.


2019-08-28 Daniel Troedsson slutar som vd för Alelion Energy Systems

Styrelsen för Alelion Energy Systems AB har beslutat att söka en ersättare för Daniel Troedsson som vd för Alelion Energy Systems AB. Daniel Troedsson lämnar bolaget med omedelbar verkan och i avvaktan på att hans efterträdare utses träder Åsa Nordström, marknadschef för bolaget, in som tillförordnad vd.


2019-07-15 Alelion signs its first agreement for the aftermarket in Asia

Alelion Energy Systems AB (publ) has entered into an agreement with MHE Energy in Thailand for deliveries of lithium-ion batteries and service to the forklift aftermarket in Thailand and Vietnam. This is Alelion’s first agreement in the aftermarket for forklift batteries in Asia.


2019-06-30 Alelion Energy Systems has entered into an agreement for deliveries of lithium-ion batteries and services to the aftermarket for forklift batteries in the Middle East.

Alelion Energy Systems AB (publ) has entered into an agreement with GamaAku in Turkey for delivery of lithium-ion batteries and service to the aftermarket for forklift batteries in the Middle East. When signing, Alelion received a first order for lithium-ion batteries worth 40,000 Euro.


2019-02-22 Year-end report Jan-Dec 2018

In the course of the fourth quarter our net turnover and order bookings continued to increase compared with the same quarter in the previous year (+31.6 and +11.3 per cent respectively) while profit on both group and parent company levels showed weak growth above all due to increased competition and increased cost inflation. The greater and greater need to adapt to a more sustainable use of energy makes the market for Alelion’s products in lithium-ion technology and systems for smart energy management one of the absolutely most promising and interesting.


2019-02-18 Alelion takes a loan of 50 MSEK from majority shareholders

Alelion Energy Systems AB (“Alelion” or “the Company”) has received short term shareholder loans of 50 MSEK (“Bridge Loans”) from majority shareholders Fouriertransform AB, Pegroco AB and Sammaj AB (“the Majority Shareholders”}. Today Alelion’s board also publish summons to an extraordinary general meeting on 2 April 2019. It is proposed that the general meeting decide to authorize the board amongst other things to make an equity issuance of shares for at most 135 MSEK (“the Equity Issuance”).


2018-09-03 Ministerial visit to Alelion's new factory powers up a shared green vision

Energy Minister Ibrahim Baylan discussed electric mobility, innovation and green energy with the West Swedish Chamber of Commerce and Alelion, while touring their brand new Lithium-Ion battery factory - at the heart of Sweden's largest green energy mobility initiative.


2017-03-02 Alelion is looking for new employees

Alelion is growing and is hiring to extend the team.


2016-12-13 New recruitments

Alelion reinforces with five new recruitments


2016-09-09 Cooperation between Alelion and Crown on Lithium-Ion forklift batteries

At the IMHX exhibition, starting September 13th in Birmingham, a selected range of Alelion’s energy storage products, such as the 48-Volt Lithium-Ion forklift batteries, will be visible at the Crown stand 10J61.


2016-09-08 Alelion continues expansion

We are pleased to welcome to our team Åsa Nordström and Magnus Spjelkavik.


2016-09-06 Alelion gets its first order outside of Europe. A distribution centre in Australia chooses lithium-ion batteries for their forklifts.

The total order value for the project runs up to SEK 12 million and Alelion has received its first partial order of SEK 4.45 million. A newly built central warehouse has chosen to equip its complete fleet of forklifts with lithium-ion-batteries from Alelion.


2016-09-05 Alelion undergoes ISO-audit without any remark

In September a current audit concerning ISO-9001 and ISO-14001 was performed without any remark


2016-06-21 Trading begins in Alelion on Nasdaq First North today June 21

Alelion Energy Systems AB (publ), a leading supplier of environmentally friendly lithium-ion energy storage systems for industrial trucks, implements listing of shares and warrants on the Nasdaq First North after passing the listing application. The first trading of the shares will be today 21 June 2016 and for TO1 on 30 June.


2016-04-11 Alelion Batteries AB is looking for a Sales Engineer

We are looking for sales engineers that likes and feels at home in an international environment.