32

EMPLOYEES

3

SEK MILLION, NET SALES

HIGHLIGHTS 2021/2022

FINALIST WHEN SWEDEN'S SMARTEST ENERGY INNOVATIONS WERE AWARDED

BatteryLoop ended up in the finals when the E-prize was awarded at the end of 2021. The award is organized by the energy company E.ON, this year in collaboration with the media outlets Aktuell Hållbarhet and Dagens Industri.

AGREEMENT WITH MERCEDES-BENZ

BatteryLoop signed a frame and supply agreement with Mercedes-Benz Energy GmbH, thereby securing high volumes of reused battery modules. This could enable BatteryLoop to provide 40 megawatt hours until the end of 2023 using Mercedes-Benz Energy's modules.

BUILDING AN ORGANIZATION TO MEET GROWING MARKET DEMAND

Besides securing a supply of second-use batteries, the focus during 2021/2022 was on building the organization with skilled engineers to meet the growing market demand. During the year, BatteryLoop more than doubled its number of employees, from 15 to 32.

BLESS SYSTEM INSTALLED AT STENA METALL'S HEADQUARTERS

In April 2022, BatteryLoop delivered its BLESS™ system to the Stena Metall Group's head office in Gothenburg, Sweden. The system is built with 800 reused battery modules from Toyota Material Handling's electric trucks. It is now connected to 55 electric vehicle chargers where four of them offer semi-fast charging of 22kW.

batteryloop.com