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Volklec

Full company profile

uuid00sz1q7

Namestring
Volklec
Legal namestring
Volklec Ltd
Websiteurl
volklec.com
Company typeenum
Private
Founded yearint
2023
Descriptiontext

Volklec is a UK-based, privately held manufacturer of 21700-format lithium-ion battery cells, headquartered at MIRA Technology Park in Nuneaton and producing at the UK Battery Industrialisation Centre (UKBIC) in Coventry. The company sells two cell variants — the Energy Cell (Series E, 5.00 Ah, 247 Wh/kg, 3C continuous discharge, 800+ cycles to 80% SOH) and the Power Cell (Series P, 5.00 Ah, 12C/60A continuous discharge, 5 mΩ ACIR, >4,000 W/kg power density) — manufactured under exclusive licence from an established Asian cell manufacturer active since 2009, with both variants independently tested by About:Energy and Cognition Energy and certified to UN 38.3, IEC 62619 (cited as IEC 62133 in some records), REACH, RoHS, CE, and ISO 9001. Volklec positions these cells as the only currently UK-manufactured 21700 lithium-ion product, targeting defence, automotive, aerospace (UAVs/eVTOL), marine, and industrial-mobility applications where Rules of Origin, Battery Passport, EPR, and sovereign-supply compliance are procurement-relevant.

The company's go-to-market is B2B enterprise sales through direct engagement with system integrators and battery pack manufacturers rather than end customers, supplemented by consortium-based programme distribution (AMBERS with Ricardo and Hyperbat for modular packs; D-SEA with Walker Subsea for underwater ROVs). Pricing is quote-based on volume and programme requirements under multi-year contracts; revenue mechanics combine hardware sales of cells with embedded application engineering and compliance/qualification services. Volklec is backed by Frontive Group and founder Imran Khatri (with CCO Johan Andersson) and has secured non-dilutive government funding through the £4bn DRIVE35 programme and £452m Battery Innovation Programme to scale manufacturing from an initial 1GWh capability to a planned 10GWh gigafactory — a step-up reported by the Financial Times as part of a broader £1bn ambition involving investors previously associated with Britishvolt.

Short descriptiontext

Volklec is a UK-based, privately held manufacturer of 21700 lithium-ion battery cells (Energy and Power series) produced at UKBIC in Coventry under an exclusive licence, selling B2B to defence, automotive, aerospace, marine, and industrial system integrators.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersCoventry, United Kingdom
HQ citystring
Coventry
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
lithium-ion battery cells, sovereign battery supply, 21700 cylindrical cells, UK battery manufacturing, defence battery cells
Industry3 codes
1Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH)
CodeIMAGAHAAPrimaryYes
2Battery Modules & Packs (Industrial/Commercial pack assembly)
CodeIMAGAHABPrimaryNo
3Battery Cell Manufacturing (EV)
CodeIMACACABPrimaryNo
NAICS code2 codes
  • Battery Manufacturing33591
  • Battery Manufacturing335910
SIC code2 codes
  • Motors & Generators3621
  • Electrical Industrial Apparatus3620
Product category
Lithium-Ion Battery Cells
Social media profiles1 record
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model3 records
1Battery Cell Sales
TypeHardware Sales
Description

Sale of 21700 lithium-ion battery cells (Energy Cell Series E and Power Cell Series P) to system integrators, battery pack manufacturers, and direct customers in defence, automotive, aerospace, and marine sectors. Revenue generated from cell-level component supply with full documentation, batch traceability, and compliance support.

volklec.com
2Application Engineering Support
TypeProfessional Services
Description

Technical support services including cell selection guidance, pack architecture consultation, thermal and electrical integration support, and navigation of qualification requirements for specific applications. Provided as part of partnership engagement with integrators.

volklec.com
3Compliance & Qualification Services
TypeProfessional Services
Description

Support services for safety certification, regulatory compliance (Battery Passport, Rules of Origin, EPR), and qualification documentation that remove barriers to market entry for integrators.

volklec.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Infrastructure, Personnel, Technology or R&D, Operations, Marketing or Sales
Pricing details2 tiers
1Energy Cell Series E - Standard commercial grade
ModelUnit PricingBilling cadenceMulti-year contract
Notes

Price per cell not publicly disclosed. Available for validation, qualification and supply. Independently tested cells with full traceability documentation.

volklec.com
2Power Cell Series P - High-performance grade
ModelUnit PricingBilling cadenceMulti-year contract
Notes

Price per cell not publicly disclosed. Available for qualification and programme supply. Pre-balanced cell modules with CAN 2.0B/SMBus interface available.

volklec.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Volklec manufactures UK-origin 21700 lithium-ion battery cells in two variants — the Energy Cell (Series E) optimised for high energy density applications and the Power Cell (Series P) optimised for high-rate discharge and fast charging. Cells are produced at the UK Battery Industrialisation Centre (UKBIC) in Coventry under exclusive licence from an established Asian manufacturer, sold directly to system integrators and programme customers in defence, automotive, aerospace, marine, and industrial sectors requiring sovereign supply.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • Cycle life of 800+ cycles to 80% SOH (Energy Cell)
+4 more records
Product overview1 text field

Volklec offers a focused portfolio of two 21700 lithium-ion battery cell products manufactured in the UK. The Energy Cell (Series E) provides high-capacity storage optimised for runtime and longevity in EVs, grid, marine, and defence applications. The Power Cell (Series P) delivers high-rate output for burst performance and fast response in power tools, robotics, UPS, and defence applications. Both cells share the same 5.00 Ah capacity and 3.6V nominal voltage but differ in discharge characteristics — the Energy Cell at 3C continuous discharge versus the Power Cell at 12C continuous discharge. Both are manufactured at UKBIC in Coventry under exclusive licence from an established Asian manufacturer, independently tested by About:Energy and Cognition Energy, and available now for validation, qualification, and supply.

Product and service3 records
1Energy Cell (Series E)
CategoryBattery Cells
Description

High-capacity 21700 lithium-ion battery cell delivering 5.00 Ah nominal capacity and 18.00 Wh nominal energy at 3.6V, optimised for sustained energy delivery with 3C continuous discharge, 247 Wh/kg gravimetric energy density, and 800+ cycle life to 80% SOH. Designed for EVs, grid storage, marine, and defence applications where runtime and longevity are critical.

2Power Cell (Series P)
CategoryBattery Cells
Description

High-rate 21700 lithium-ion battery cell delivering 5.00 Ah nominal capacity at 3.6V with 12C (60A) continuous discharge and ultra-low 5mΩ ACIR resistance, achieving >4,000 W/kg power density. Designed for peak-power applications including power tools, robotics, UPS, motorsport, and defence where sustained high current output and fast response are mission-critical. Supports 3C continuous charge achieving 10-80% SOC in under 14 minutes, with intelligent charge protocols supporting up to 5C rates.

3AMBERS Modular Battery Platform
CategoryBattery Systems & Packs
Description

Modular battery pack platform developed in partnership with Ricardo (systems engineering) and Hyperbat (pack manufacturing). Features configurable block architecture scalable from 1.8kWh per module (1 to 5 modules per pack), advanced cooling architecture, wireless BMS, and AI-powered diagnostics, with a target power density of 2.6 kW/L. Applications include hybrid sports cars, defence mobility, UGV, UAS support, and other high-power applications.

Scale indicator10 records

Each record includes

Type, Value, Description, Source

Partnership8 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-10
Description

AMBERS programme consortium led by Ricardo with £972k government funding. Ricardo provides systems engineering expertise for modular battery platform development targeting automotive, aerospace, off-highway and defence applications. Volklec supplies high-power 21700 cells as the core component.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-10
Description

AMBERS programme consortium with Hyperbat providing battery pack manufacturing capability. Hyperbat, a Unipart company, contributes production expertise for scalable modular battery packs. Partnership aims to anchor more of the battery value chain in the UK.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-04-21
Description

UKBIC provides purpose-built battery cell manufacturing facility in Coventry for industrialisation at scale. Volklec's cells are manufactured at UKBIC under the DRIVE35 programme, targeting scaling from 1GWh to 10GWh capacity.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-04-21
Description

AIH Group partners with Volklec under DRIVE35 programme to accelerate development of 1GWh domestic power cell manufacturing capabilities. Partnership facilitates earlier deployment of British-made cells.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-04-21
Description

Arcadis provides strategic support for development of UK's first independent 10GWh battery gigafactory under DRIVE35 programme. Partnership accelerates progress towards giga-scale battery manufacturing capability.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-04-21
Description

HSSMI partners with Volklec to accelerate progress towards 10GWh gigafactory development. Partnership supports industrial transformation and scaling of UK battery manufacturing.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2025-11-04
Description

Partnership with offshore technology specialist Walker Subsea to develop D-SEA underwater battery pack for remotely operated vehicles. Targets the $5.9 billion global underwater construction and defence market. Utilises Volklec's 21700-5000mAh energy cells. Underwater trials scheduled Q1 2026.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

UK battery research institution referenced as part of Volklec's 'third way' strategy combining Chinese manufacturing expertise with UK sovereign capability through partnerships with UKBIC and Faraday Institution.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1CATL
TypeBroad incumbent
Description

World's largest battery cell manufacturer supplying EV and ESS markets globally. The dominant low-cost incumbent whose licensing partnership is implicit in Volklec's model and whose pricing sets the floor for cell unit economics.

TypeBroad incumbent
Description

Swedish battery cell and pack manufacturer building gigafactories in Europe. Comparable as a European cell manufacturer scaling to gigawatt capacity, though Northvolt operates at significantly larger scale and broader product portfolio.

TypeDirect peer
Description

German lithium-ion cell manufacturer specialising in high-performance pouch and cylindrical cells for aviation, automotive and defence. Comparable product specialisation in high-end cells for regulated and mission-critical applications.

TypeBroad incumbent
Description

Global tier-1 battery cell manufacturer serving automotive, ESS and power tool markets. Comparable as a large incumbent with cylindrical and prismatic cell formats serving overlapping end markets.

TypeBroad incumbent
Description

Norwegian battery cell manufacturer building a gigafactory in Arendal, focused on LFP and next-generation chemistries. Comparable as a European gigafactory-scale cell manufacturer targeting automotive and energy storage markets.

TypeBroad incumbent
Description

Global tier-1 battery cell manufacturer supplying automotive, ESS and consumer markets. Represents the cost and scale benchmark Volklec must compete against in automotive and industrial segments.

TypeBroad incumbent
Description

French battery cell manufacturer building a gigafactory in Dunkirk targeting electric vehicles and stationary storage. Comparable as a European-funded cell manufacturer scaling to gigawatt capacity with automotive focus.

TypeDirect peer
Description

UK-based lithium-ion battery cell manufacturer producing pouch and cylindrical cells for automotive, energy storage and industrial markets. Directly comparable in scale, UK origin, cell-only business model and focus on sovereign UK supply.

TypeBroad incumbent
Description

Slovak battery cell manufacturer developing cells for automotive OEMs with a planned gigafactory. Comparable as a European cell manufacturer targeting automotive OEMs and emphasising custom cell development.

TypeDirect peer
Description

German large-format lithium-ion cell manufacturer serving automotive, industrial and submarine/marine applications. Directly comparable as a European-focused cell-only manufacturer targeting demanding industrial and defence customers.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI capability1 record

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance6 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Volklec

Lithium-Ion Battery Cellsvolklec.com

Volklec is a UK-based, privately held manufacturer of 21700 lithium-ion battery cells (Energy and Power series) produced at UKBIC in Coventry under an exclusive licence, selling B2B to defence, automotive, aerospace, marine, and industrial system integrators.

What Volklec does

Volklec is a UK-based, privately held manufacturer of 21700-format lithium-ion battery cells, headquartered at MIRA Technology Park in Nuneaton and producing at the UK Battery Industrialisation Centre (UKBIC) in Coventry. The company sells two cell variants — the Energy Cell (Series E, 5.00 Ah, 247 Wh/kg, 3C continuous discharge, 800+ cycles to 80% SOH) and the Power Cell (Series P, 5.00 Ah, 12C/60A continuous discharge, 5 mΩ ACIR, >4,000 W/kg power density) — manufactured under exclusive licence from an established Asian cell manufacturer active since 2009, with both variants independently tested by About:Energy and Cognition Energy and certified to UN 38.3, IEC 62619 (cited as IEC 62133 in some records), REACH, RoHS, CE, and ISO 9001. Volklec positions these cells as the only currently UK-manufactured 21700 lithium-ion product, targeting defence, automotive, aerospace (UAVs/eVTOL), marine, and industrial-mobility applications where Rules of Origin, Battery Passport, EPR, and sovereign-supply compliance are procurement-relevant.

The company's go-to-market is B2B enterprise sales through direct engagement with system integrators and battery pack manufacturers rather than end customers, supplemented by consortium-based programme distribution (AMBERS with Ricardo and Hyperbat for modular packs; D-SEA with Walker Subsea for underwater ROVs). Pricing is quote-based on volume and programme requirements under multi-year contracts; revenue mechanics combine hardware sales of cells with embedded application engineering and compliance/qualification services. Volklec is backed by Frontive Group and founder Imran Khatri (with CCO Johan Andersson) and has secured non-dilutive government funding through the £4bn DRIVE35 programme and £452m Battery Innovation Programme to scale manufacturing from an initial 1GWh capability to a planned 10GWh gigafactory — a step-up reported by the Financial Times as part of a broader £1bn ambition involving investors previously associated with Britishvolt.

Volklec firmographics

Firmographics
Name
Volklec
Legal name
Volklec Ltd
Website
https://volklec.com
Company type
Private
Founded year
2023
Operating status
Operating
Headcount range
11–50 employees
Short description
Volklec is a UK-based, privately held manufacturer of 21700 lithium-ion battery cells (Energy and Power series) produced at UKBIC in Coventry under an exclusive licence, selling B2B to defence, automotive, aerospace, marine, and industrial system integrators.
Ownership category
akta.pro rank

Volklec industry classification

Industry
Product category
Lithium-Ion Battery Cells
NAICS
Battery Manufacturing (33591), Battery Manufacturing (335910)
SIC
Motors & Generators (3621), Electrical Industrial Apparatus (3620)
akta.pro primary industry
Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH) (IMAGAHAA)
akta.pro secondary industries
Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB), Battery Cell Manufacturing (EV) (IMACACAB)

Keywords

  • Lithium-ion battery cells
  • Sovereign battery supply
  • 21700 cylindrical cells
  • UK battery manufacturing
  • Defence battery cells

Where Volklec is headquartered

Location

Headquarters

HQ city
Coventry
HQ country
United Kingdom
HQ region
Europe

Offices2 records

Markets served

Volklec business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Infrastructure, Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

  1. Battery Cell Sales: Sale of 21700 lithium-ion battery cells (Energy Cell Series E and Power Cell Series P) to system integrators, battery pack manufacturers, and direct customers in defence, automotive, aerospace, and marine sectors. Revenue generated from cell-level component supply with full documentation, batch traceability, and compliance support.
  2. Application Engineering Support: Technical support services including cell selection guidance, pack architecture consultation, thermal and electrical integration support, and navigation of qualification requirements for specific applications. Provided as part of partnership engagement with integrators.
  3. Compliance & Qualification Services: Support services for safety certification, regulatory compliance (Battery Passport, Rules of Origin, EPR), and qualification documentation that remove barriers to market entry for integrators.

Pricing tiers

ModelBillingPrice
Unit PricingMulti-year contractEnergy Cell Series E - Standard commercial grade
Unit PricingMulti-year contractPower Cell Series P - High-performance grade

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Volklec product offering

Product offering

Core offering

Volklec manufactures UK-origin 21700 lithium-ion battery cells in two variants — the Energy Cell (Series E) optimised for high energy density applications and the Power Cell (Series P) optimised for high-rate discharge and fast charging. Cells are produced at the UK Battery Industrialisation Centre (UKBIC) in Coventry under exclusive licence from an established Asian manufacturer, sold directly to system integrators and programme customers in defence, automotive, aerospace, marine, and industrial sectors requiring sovereign supply.

Product overview

Volklec offers a focused portfolio of two 21700 lithium-ion battery cell products manufactured in the UK. The Energy Cell (Series E) provides high-capacity storage optimised for runtime and longevity in EVs, grid, marine, and defence applications. The Power Cell (Series P) delivers high-rate output for burst performance and fast response in power tools, robotics, UPS, and defence applications. Both cells share the same 5.00 Ah capacity and 3.6V nominal voltage but differ in discharge characteristics — the Energy Cell at 3C continuous discharge versus the Power Cell at 12C continuous discharge. Both are manufactured at UKBIC in Coventry under exclusive licence from an established Asian manufacturer, independently tested by About:Energy and Cognition Energy, and available now for validation, qualification, and supply.

Differentiator

Problem solved

Functional benefit

Products and services

  • Energy Cell (Series E) High-capacity 21700 lithium-ion battery cell delivering 5.00 Ah nominal capacity and 18.00 Wh nominal energy at 3.6V, optimised for sustained energy delivery with 3C continuous discharge, 247 Wh/kg gravimetric energy density, and 800+ cycle life to 80% SOH. Designed for EVs, grid storage, marine, and defence applications where runtime and longevity are critical.
  • Power Cell (Series P) High-rate 21700 lithium-ion battery cell delivering 5.00 Ah nominal capacity at 3.6V with 12C (60A) continuous discharge and ultra-low 5mΩ ACIR resistance, achieving >4,000 W/kg power density. Designed for peak-power applications including power tools, robotics, UPS, motorsport, and defence where sustained high current output and fast response are mission-critical. Supports 3C continuous charge achieving 10-80% SOC in under 14 minutes, with intelligent charge protocols supporting up to 5C rates.
  • AMBERS Modular Battery Platform Modular battery pack platform developed in partnership with Ricardo (systems engineering) and Hyperbat (pack manufacturing). Features configurable block architecture scalable from 1.8kWh per module (1 to 5 modules per pack), advanced cooling architecture, wireless BMS, and AI-powered diagnostics, with a target power density of 2.6 kW/L. Applications include hybrid sports cars, defence mobility, UGV, UAS support, and other high-power applications.

Quantifiable outcome

  • Cycle life of 800+ cycles to 80% SOH (Energy Cell)
  • +4 more outcomes

Companies that use Volklec

Customer profile

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Volklec technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature5 records

Volklec partnerships and signals

Strategic signal

Partnerships

Eight partnerships are on record, tiered core and minor.

  • RicardocoreStrategic or Co-development Partner · 10 June 2026AMBERS programme consortium led by Ricardo with £972k government funding. Ricardo provides systems engineering expertise for modular battery platform development targeting automotive, aerospace, off-highway and defence applications. Volklec supplies high-power 21700 cells as the core component.
  • Hyperbat (Unipart company)coreStrategic or Co-development Partner · 10 June 2026AMBERS programme consortium with Hyperbat providing battery pack manufacturing capability. Hyperbat, a Unipart company, contributes production expertise for scalable modular battery packs. Partnership aims to anchor more of the battery value chain in the UK.
  • UK Battery Industrialisation Centre (UKBIC)coreStrategic or Co-development Partner · 21 April 2026UKBIC provides purpose-built battery cell manufacturing facility in Coventry for industrialisation at scale. Volklec's cells are manufactured at UKBIC under the DRIVE35 programme, targeting scaling from 1GWh to 10GWh capacity.
  • AIH GroupcoreStrategic or Co-development Partner · 21 April 2026AIH Group partners with Volklec under DRIVE35 programme to accelerate development of 1GWh domestic power cell manufacturing capabilities. Partnership facilitates earlier deployment of British-made cells.
  • ArcadiscoreStrategic or Co-development Partner · 21 April 2026Arcadis provides strategic support for development of UK's first independent 10GWh battery gigafactory under DRIVE35 programme. Partnership accelerates progress towards giga-scale battery manufacturing capability.
  • HSSMI (High Speed Sustainable Manufacturing Institute)coreStrategic or Co-development Partner · 21 April 2026HSSMI partners with Volklec to accelerate progress towards 10GWh gigafactory development. Partnership supports industrial transformation and scaling of UK battery manufacturing.
  • Walker SubseaminorStrategic or Co-development Partner · 4 November 2025Partnership with offshore technology specialist Walker Subsea to develop D-SEA underwater battery pack for remotely operated vehicles. Targets the $5.9 billion global underwater construction and defence market. Utilises Volklec's 21700-5000mAh energy cells. Underwater trials scheduled Q1 2026.
  • Faraday InstitutionminorStrategic or Co-development PartnerUK battery research institution referenced as part of Volklec's 'third way' strategy combining Chinese manufacturing expertise with UK sovereign capability through partnerships with UKBIC and Faraday Institution.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Volklec competitors and assessment

Company assessment

Broad incumbents

  • CATL: World's largest battery cell manufacturer supplying EV and ESS markets globally. The dominant low-cost incumbent whose licensing partnership is implicit in Volklec's model and whose pricing sets the floor for cell unit economics.
  • Northvolt: Swedish battery cell and pack manufacturer building gigafactories in Europe. Comparable as a European cell manufacturer scaling to gigawatt capacity, though Northvolt operates at significantly larger scale and broader product portfolio.
  • Samsung SDI: Global tier-1 battery cell manufacturer serving automotive, ESS and power tool markets. Comparable as a large incumbent with cylindrical and prismatic cell formats serving overlapping end markets.
  • Morrow Batteries: Norwegian battery cell manufacturer building a gigafactory in Arendal, focused on LFP and next-generation chemistries. Comparable as a European gigafactory-scale cell manufacturer targeting automotive and energy storage markets.
  • LG Energy Solution: Global tier-1 battery cell manufacturer supplying automotive, ESS and consumer markets. Represents the cost and scale benchmark Volklec must compete against in automotive and industrial segments.
  • Verkor: French battery cell manufacturer building a gigafactory in Dunkirk targeting electric vehicles and stationary storage. Comparable as a European-funded cell manufacturer scaling to gigawatt capacity with automotive focus.
  • InoBat Auto: Slovak battery cell manufacturer developing cells for automotive OEMs with a planned gigafactory. Comparable as a European cell manufacturer targeting automotive OEMs and emphasising custom cell development.

Direct peers

  • Customcells: German lithium-ion cell manufacturer specialising in high-performance pouch and cylindrical cells for aviation, automotive and defence. Comparable product specialisation in high-end cells for regulated and mission-critical applications.
  • AMTE Power: UK-based lithium-ion battery cell manufacturer producing pouch and cylindrical cells for automotive, energy storage and industrial markets. Directly comparable in scale, UK origin, cell-only business model and focus on sovereign UK supply.
  • EAS Batteries: German large-format lithium-ion cell manufacturer serving automotive, industrial and submarine/marine applications. Directly comparable as a European-focused cell-only manufacturer targeting demanding industrial and defence customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Volklec social profiles

Digital presence

Volklec compliance and trust

Trust signal

Compliance6 records

Volklec financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Volklec leadership team

Management profile

Number of profiles

Profiles2 records

Volklec funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Volklec M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Volklec

What does Volklec do?

Volklec manufactures UK-origin 21700 lithium-ion battery cells in two variants — the Energy Cell (Series E) optimised for high energy density applications and the Power Cell (Series P) optimised for high-rate discharge and fast charging. Cells are produced at the UK Battery Industrialisation Centre (UKBIC) in Coventry under exclusive licence from an established Asian manufacturer, sold directly to system integrators and programme customers in defence, automotive, aerospace, marine, and industrial sectors requiring sovereign supply.

Is Volklec a public or private company?

Volklec is a private company. It is classified as venture growth investor backed and is currently operating.

When was Volklec founded?

Volklec was founded in 2023. It employs 11 to 50 people.

Where is Volklec based?

Volklec is headquartered in Coventry, United Kingdom, in the Europe region.

How does Volklec make money?

Three revenue lines are on record. Battery Cell Sales are the primary driver. The others are application Engineering Support and compliance & Qualification Services.

Who are Volklec's main competitors?

Broad incumbents on record are CATL, Northvolt, Samsung SDI, Morrow Batteries, LG Energy Solution, Verkor and InoBat Auto. Direct peers are Customcells, AMTE Power and EAS Batteries.

Does Volklec have an API?

No public API is recorded for Volklec.

What industry is Volklec in?

Volklec's product category is Lithium-Ion Battery Cells. Its primary akta.pro industry code is IMAGAHAA, Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH), with a secondary code of IMAGAHAB, Battery Modules & Packs (Industrial/Commercial pack assembly). Its NAICS code is 33591 and its SIC code is 3621.

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Live signals
ChargedevsAs the UK's battery sector shifts from innovation to industrialisation, Battery Cells & Systems Expo puts scale-up centre stage - Charged EVsThe UK's battery industry is entering a new phase as attention shifts from developing breakthrough technologies to proving they can be manufactured, scaled and commercialised at global competitive levels. Battery Cells & Systems Expo 2026 will return to the NEC Birmingham from 8–9 July, featuring a new Scale-Up Accelerator designed to showcase battery technologies approaching commercial readiness and explore challenges of industrialisation. The event will bring together researchers, manufacturers, OEMs, technology developers and policymakers—including speakers from JLR, Innovate UK, Agratas, Volklec, BASF, UKBIC and the University of Birmingham—to discuss strategies for expanding UK battery manufacturing capacity.InsidermediaGovernment backing for advanced UK battery platform for automotive and defenceA trio of manufacturers — Volklec, Ricardo, and Hyperbat — have partnered on the government-backed Advanced Modular Battery System programme (AMBERS) to develop a scalable modular battery platform for high-performance automotive and defence applications. The programme is supported by the Battery Innovation Programme, a £452m initiative funded by Innovate UK, and is engineered around Volklec's high-power 21700 cells with a configurable block architecture scalable from 1.8kWh per module. The partnership aims to anchor more of the battery value chain in the UK, reduce development costs for customers, and provide a faster, lower-risk route to advanced battery systems for hybrid sports cars, defence mobility, UGV, UAS support, and other high-power applications.PES MediaVolklec to support UK modular battery development with high power cellsUK battery cell manufacturer Volklec has secured a government-backed role in the Advanced Modular Battery System programme (AMBERS), a UK-led initiative to develop modular battery products for automotive and defence customers seeking faster domestic electrification routes. The £452m Battery Innovation Programme, delivered by Innovate UK and supported by the Department for Business and Trade, brings together Volklec, Ricardo and Hyperbat to develop scalable modular battery packs engineered around Volklec's high-power 21700 cells. Prototype samples are scheduled for deployment in April 2028, with the programme designed to create a sovereign UK battery solution linking cell technology, pack manufacture and systems engineering.VolklecVolklec secures backing for next phase of UK battery industrialisation and scale-up – VolklecVolklec secured government backing through DRIVE35 to scale UK battery production from 1GWh to 10GWh. The £4 billion programme supports its transition to sovereign, mass-scale manufacturing, with programmes for 1GWh power cells and a 10GWh gigafactory. The aim is to secure the UK's long-term battery supply chain.EvinfrastructurenewsVolklec secures UK government funding to scale-up manufacturingUK-based battery cell manufacturer Volklec has secured government funding through the Department for Business and Trade and the Advanced Propulsion Centre UK's DRIVE35 programme to scale up domestic manufacturing capacity from 1GWh to 10GWh. The company will partner with UKBIC, AIH Group, Arcadis, and HSSMI to accelerate development of its 1GWh domestic power cell capabilities and establish what would be the UK's first independent 10GWh battery manufacturing facility. Volklec is among recipients of the £4 billion DRIVE35 programme, which recently awarded over £600 million in grant funding to establish a domestic battery supply chain.Electric & Hybrid Vehicle Technology InternationalUK battery maker Volklec wins government funding to drive gigafactory ambitionsUK battery cell manufacturer Volklec has secured funding through the government-backed DRIVE35 programme to accelerate domestic battery production, planning to scale from an initial 1GWh manufacturing capability to a 10GWh gigafactory. The funding will support two parallel programmes: one with UKBIC and AIH Group to bring British-made cells to market, and another with Arcadis and HSSMI to progress plans for what Volklec describes as the UK's first independent battery gigafactory. The initiative targets the automotive, defense, and aerospace sectors, aiming to address the UK's limited domestic battery manufacturing capacity and secure its long-term battery supply chain.Best MagazineVolklec secures UK government backing to scale battery manufacturing to 10GWhVolklec secured UK government backing to scale battery manufacturing to 10GWh, expanding from 1GWh capacity. The funding, under the £4 billion DRIVE35 programme, supports a two-stage approach to domestic power cell production. The company aims to reduce reliance on overseas supply chains and meet demand from automotive, defence, and aerospace sectors.ThemanufacturerVolklec secures backing for next phase of UK battery industrialisation and scale-upUK battery cell manufacturer Volklec has secured government backing through the DRIVE35 program to expand its operations from 1GWh to a 10GWh gigafactory. The funding supports development of domestic battery production capabilities and aims to strengthen the UK's supply chain for critical sectors like automotive, defence, and aerospace.ThemanufacturerImran Khatri: unlocking UK manufacturing resilience with battery sovereigntyThe article argues that UK manufacturing across automotive, aerospace, defence, and marine sectors faces a critical bottleneck due to limited domestic battery production capacity, with approximately 85% of global battery supply controlled by China creating opaque pricing and supply chain vulnerabilities. The author, representing battery manufacturer Volklec, proposes a 'third way' strategy that combines learning from Chinese manufacturing expertise while building UK sovereign capability through partnerships with UKBIC and the Faraday Institution. The article contends that developing domestic battery manufacturing would unlock supply chain resilience, high-skilled job creation, and technological leadership for the UK's industrial strategy.Engineer LiveVolklec backs the UK Gigafactory Commission's call for a national strategyVolklec has backed the UK Gigafactory Commission's report 'Britain's Battery Future,' which calls for a collaborative national strategy to develop domestic battery manufacturing capacity and reduce reliance on imports. Johan Andersson, Volklec's commercial managing director, warned that the UK's heavy dependence on battery imports creates supply chain fragility, industrial risk, and undermines international competitiveness amid growing activity in Europe and the USA. Volklec uses an East-to-West knowledge transfer approach and believes a sovereign battery supply chain anchored by domestic production is essential to secure the UK's automotive manufacturing industry.