Sweden. RISE Research Institutes of Sweden AB

Date of agreement:27 Feb 2024
Customer:RISE Research Institutes of Sweden AB
Amount in SEK:SEK 200 million
Amount in EUR:EUR 18 million
Maturity:5 years


The loan has been provided for Research Institutes of Sweden AB (RISE) to finance its construction of a new laboratory for safety-critical testing in Borås, Sweden.

The laboratory will make it possible to test electric vehicles in various ways and subject them to extreme stress. Among other things, the tests will be linked to charging, short circuits, vibrations, mechanical shocks, extreme temperatures, and fire risks. The laboratory will have a gross area of 4,100 square metres, and in addition to test areas, it will house battery and component research for hydrogen applications.

The users of the safety laboratory will be Swedish and international vehicle manufacturers and the battery manufacturing industry. The laboratory was officially inaugurated on 28 September 2023.

RISE is Sweden’s research institute and innovation partner. Through its international collaboration programmes with industry, academia and the public sector, RISE ensures the competitiveness of the Swedish business community and contributes to a sustainable society. Its 3,000 employees engage in and support all types of innovation processes. RISE is an independent state-owned research institute for future-proof technologies, products, and services.

Fulfilment of NIB's mandate

The new security laboratory for car batteries in Borås is a significant investment for the research institute and the Swedish car industry.  It will help the Swedish industry to ensure the safety and reliability of electric vehicles and car batteries. As electric vehicles become more common, it is crucial to ensure that batteries are safe and pose no risk to the passengers or the environment. The laboratory will also help the Swedish car industry comply with regulatory requirements related to the safety of electric vehicles.

As a testing platform, the laboratory will facilitate innovation in the Swedish car industry for the research and development of new battery technologies, leading to more efficient and cost-effective battery technologies. The establishment of the new laboratory is likely to have a positive impact on skills development and employment in the Swedish car industry and related sectors.

Impact indicators

  • Utilisation rate %: 70
  • Personnel cost 2027: SEK: 11,000 k
  • Revenue 2027 SEK: 76,801 k

Sustainability summary

The laboratory will generate approximately 1,000 m3 wastewater per year. The already existing wastewater treatment system has sufficient capacity for this additional stream.

The operations will generate waste fractions that are classified as hazardous. Appropriate procedures for handling these wastes are in place, as well as contracts with off-takers with necessary permits.

The necessary environmental consent has been issued for the test facility, and no significant environmental concerns have been identified.

Press release

NIB finances a safety laboratory in Borås, Sweden

Press release

NIB finansierar säkerhetslaboratorium i Borås