Echandia appoints Fredrik Hellström as new CEO
Echandia appoints Fredrik Hellström as new CEO. Fredrik will focus on building a solid growing business and broaden the product portfolio together with a world class team.
Fredrik joined Echandia as Deputy CEO in 2021. He has more than 10 years’ experience from leadership in naval design and large-scale project management. Fredrik holds a PhD in Fluid Mechanics and a MSc in Naval Architecture.
“I feel honored to be appointed as CEO of the company Magnus Eriksson founded and successfully led for many years. Echandia today has a world leading position in the development of advanced battery and fuel-cell systems for maritime and industrial applications. My focus will be on building a solid growing business and broaden our product portfolio together with our world class team.”, says Fredrik Hellström.
Current CEO and founder Magnus Eriksson takes on the position as Chief Strategy Officer and will focus on the development of Echandia's product portfolio and technology IP, and thereby further strengthen the company's long-term competitiveness. The change takes place with immediate effect.
“The world's largest fleet of electric ferries in Kochi, India, is equipped with our energy solutions, and so are the award-winning Copenhagen commuter-ferries. The major global shipyard Damen Shipyard in the Netherlands is a big customer. The CEO shift will increase our capacity – and thus, the ability to take Echandia to the next level.”, says Magnus Eriksson.
“With the skilled team we have today, and with Magnus focusing on strategic product development, we will make Echandia an even stronger company in the future. I look forward to sharing more details about our work and the new direction that we are pursuing. With great products and an attractive client list, Echandia is ready to accelerate its expansion and scale up the business.”, says Fredrik Hellström.
[caption id="attachment_1876" align="alignnone" width="1024"]
Fredrik Hellström and Magnus Eriksson, new CEO and CSO of Echandia[/caption]
About Echandia
Echandia is a world leader in the development of advanced battery and fuel-cell systems for maritime and industrial applications. Echandia’s solutions are designed to meet the highest quality and life-time requirements and endure the toughest demands and operational profiles. Echandia is based in Stockholm, Sweden. For more information, please visit: www.echandiagroup.com
ABOUT ECHANDIA
Echandia is a market-leading supplier of advanced maritime battery systems, delivering safe and resilient energy solutions for demanding vessel operations. Designed in Scandinavia and built on proven LTO technology, our systems enable fast charging, smooth zero-emission performance, and long service life in harsh marine environments. Headquartered in Sweden, with offices in North America, the UK, Singapore, China, and Denmark, we serve customers across the globe and are trusted by shipbuilders and operators for our compact footprint, high reliability, and minimal degradation over time. To date, we have sold more than 115 systems for electrification projects across the marine industry. By reducing fuel consumption and lowering operating costs, our solutions support sustainable shipping and long-term economic efficiency, helping accelerate the maritime industry’s transition to zero-emission operations.
MEDIA CONTACT
Johan Winlund, Head of Communication & PR at Echandia
+46 76 117 55 41 • johan.winlund@echandia.com
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