Swedish battery success led up to Enequi
Swedish battery success led to Enequi meet Lars Fredriksson – Sweden’s foremost battery contractor
The story began with the then CEO of the Orion components Lars Fredriksson visiting Optima batteries in the US. He-engineer with a focus on electric power-quickly realized the potential for how these batteries, with their high starting current and very handy small in size, were needed in, among other things, larger vehicles as tractors. The negotiations that began with the aim of the Orion components to get the European agency instead led the Orion group to purchase Optima batteries. In connection with the transaction Lars Fredriksson also changed position and became CEO of Optima batteries.
Large producer in four years
Between 1992 and 1996 under his leadership, one of Europe’s foremost battery companies was built. The annual sales went from 27 000 batteries to 400 000.
“We built up a network of distributors and dealers all over Europe and in other parts of the world. We were in short you and brother with most of the battery World “, Says Lars Fredriksson.
Optima batteries were also listed on the Stockholm Stock Exchange’s small companies list – the OTC list.
In 1997, after that trip Lars Fredriksson started the construction of the next battery company, Nilar batteries. Along with Optima Battery’s former chief technology officer Neil Puffer, the focus was placed on nickel metal hydride batteries. Batteries with very high potential since they have a long life span and are recyclable – unlike traditional batteries.
“The first four years we held in Neil’s cellar in Denver, Colorado, and developed. During that period, we had with us, among other things, Saab, Atlas Copco and Scania, which contributed with funding, “says Lars Fredriksson.
In parallel with this development, during the years 1996 to 2007, Lars Fredriksson also Gycomed – a company that went from 60 million in turnover to 570 million kronor. The company was then established in the Nordic region. A company that focused on what is called Building automation, which means that it sought smart solutions for how to develop the operation in commercial properties and housing.
Renewable electricity creates a new and growing market
Meanwhile, it has become increasingly clear that renewable energy production from the sun, wind and water is the future while rechargeable vehicles quickly gain ground. Today, approximately 60 000 rechargeable vehicles roll on Swedish roads and before the end of the year the forecast is about 80000 pieces. A development that creates major challenges in today’s electricity grid and real estate.
“In the long run, today’s electricity grid will fail if nothing is done,” says Lars Fredriksson.
Together with Patrik Hahne at Gycom, the development of what has now become Enequi was founded. Enequis Patent-pending system handles several of these challenges. By smartly balancing the energy use that arises in a property when, for example, charging an electric car and at the same time cook on an induction hob. You can store energy from, for example, solar cells in environmentally friendly batteries and use it when you want to, and not as it is today only when the energy is produced.
“It’s probably the most exciting thing I’ve done! The commercial potential is very large. While we can help solve one of the major challenges that arise when we move to a more sustainable society, “Lars Fredriksson concludes.
Lars FredrikssonAge: 69 years
Education: Electric Power Engineer
Relevant Professional Background: Series Contractor
Interests: Forest and nature
Car: Range Rover Plugin Hybrid (first in Sweden)
Home Electrical Supply: Electricity grid, but sun is on the rise.
Unknown Talent: “Good for painting”