Heart Aerospace AB, a Swedish electric plane manufacturer, is moving its headquarters from Gothenburg to Los Angeles to strengthen product development and scale up its team based in the US. The relocation is strategically timed as the company prepares for its maiden prototype flight later this year. This move also reflects the challenges facing Sweden's aspirations to be a green technology hub, especially after the collapse of battery maker Northvolt, raising questions about future investments in cleantech in the region.
Heart Aerospace ABâs relocation to Los Angeles from Gothenburg aims to enhance product development and emphasize scaling up its US-based operations.
The shift reflects a strategic response to the growing concentration of customers, partners, and investors in the US market, according to CEO Anders Forslund.
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