ALEVO
ALEVO's Overview
Alevo Group SA was a Swiss-based company that specialized in developing and manufacturing grid-scale inorganic lithium-ion battery energy storage systems, marketed under the name GridBank. Founded in 2009, Alevo aimed to revolutionize the energy sector with its long-life battery technology. The company established a significant manufacturing presence in Concord, North Carolina, USA. Despite ambitious plans and technological advancements, Alevo Group SA filed for bankruptcy in August 2017, and its US arm, Alevo USA Inc., also subsequently ceased operations. Its assets were later subject to acquisition.
Where is ALEVO's Headquarters?
HQ Function
Served as the global corporate headquarters, overseeing strategic direction, research and development coordination, and international operations for Alevo's energy storage solutions.
Notable Features:
Information on specific architectural highlights of the Martigny office is not widely publicized. The Concord, NC facility, a repurposed former Philip Morris plant, was notable for its vast manufacturing space intended for GridBank production.
Work Culture:
Alevo aimed to foster an innovative and ambitious work culture, focused on disrupting the energy storage market. As a venture with significant investment, the environment was likely fast-paced and technology-driven. (Note: Company is defunct).
HQ Significance:
The Martigny headquarters was central to Alevo's global strategy and its efforts to commercialize its unique inorganic battery chemistry. The Concord facility represented a major investment in US-based manufacturing for advanced energy storage.
Values Reflected in HQ: The company's locations, particularly the large-scale US manufacturing plant, reflected its ambition, commitment to innovation in energy technology, and plans for mass production.
Location:
Alevo's operations were primarily centered in Europe (Switzerland for R&D and corporate functions) and North America (USA for manufacturing and market deployment). The company aimed for global reach with its energy storage solutions, targeting utility-scale projects and partnerships worldwide before its cessation of operations.
Street Address:
Rue des Finettes 51
City:
Martigny
State/Province:
Valais
Country:
Switzerland
ALEVO's Global Presence
Concord, North Carolina, USA
Address: 2650 Alevo Rd SW, Concord, NC 28027, USA (Former Address)
To establish a large-scale manufacturing base in the US, cater to the North American energy market, and leverage local talent and infrastructure for advanced battery production.
Buying Intent Signals for ALEVO
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Executive Team of ALEVO
As of April 2025, ALEVO' leadership includes:
Investors of ALEVO
ALEVO has been backed by several prominent investors over the years, including:
Executive New Hires/Exits in the Last 12 Months
Alevo experienced significant leadership changes in the year leading up to its bankruptcy in August 2017. As the company is no longer operational, there have been no executive hires or exits in the 'last 12 months' in the current sense. The information below pertains to changes prior to its dissolution.
Departures
New Appointments:
Technology (Tech Stack) used by ALEVO
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ALEVO Email Formats and Examples
Based on common corporate structures, Alevo likely used standard email formats. However, as the company is defunct, these email addresses are no longer active.
[first_initial][last]@alevo.com or [first].[last]@alevo.com
Format
jdoe@alevo.com or john.doe@alevo.com (Example format, no longer active)
Example
0 (Company is defunct, emails are inactive)%
Success rate
News and media
Greentech Media • August 21, 2017
Alevo Files for Chapter 11 Bankruptcy Protection
Energy storage company Alevo Group SA has filed for bankruptcy in Switzerland, and its US arm, Alevo USA Inc., has filed for Chapter 11 bankruptcy protection, citing an inability to secure further funding....more
Energy Storage News • March 15, 2017
Alevo appoints new CEO and CFO, targets production ramp-up
Swiss energy storage firm Alevo has appointed Vladislav Baumgertner as its new chief executive and Per Dybwad as chief financial officer as it aims to ramp up production at its US factory....more
Charlotte Observer (via archive or other reports) • October 27, 2014
Alevo to bring 2,500 jobs to Concord with battery plant in former Philip Morris facility
Swiss battery-maker Alevo announced it would create up to 2,500 jobs by investing $251 million to locate its first U.S. manufacturing plant in the former Philip Morris cigarette factory in Concord....more
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