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Magnus Hellström has extensive work experience in various roles and industries. Starting in 2004, they worked as a Master Thesis student at Daimler. Afterwards, they joined Bosch GmbH in 2005, focusing on engineering system development for diesel Common Rail systems. In 2007, they became a Technical Project Manager at Alstom, overseeing the management and coordination of engineering work, supplier relationships, and site activities for a Balance of Plant project. In 2008, they joined Daimler AG as a Project Coordinator and later became a Project Manager, specializing in engine development for commercial vehicles. Since 2015, they have been with SEM AB, initially as an R&D Manager for Gas Engine Ignition Systems before progressing to roles such as Director of Products & Projects and ultimately becoming the Chief Executive Officer.

Magnus Hellström obtained their Master of Science degree in Applied Physics and Electrical Engineering from Linköping University. Magnus completed their studies from 1998 to 2005. In the year 1998, they also briefly studied Economics at the University of Gothenburg. Later, in 2018 to 2020, Magnus pursued a Master of Business Administration (MBA) from Blekinge Institute of Technology. Additionally, in September 2020, they obtained a certification in "Rätt fokus i styrelsearbetet för aktiebolag (SME)" from StyrelseAkademien.