Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Northvolt

One year after Northvolt’s bankruptcy, Swedish green tech says it isn’t dead yet

Europe is betting big on green tech for energy independence. But can the continent afford another Northvolt?

Why the green transition must be just and inclusive for neurodivergent people

Why the green transition must be just and inclusive for neurodivergent people

Since 2024 I have been researching the social dynamics surrounding the establishment of one of the most prominent European battery manufacturers in Skellefteå, Sweden. I have interviewed almost 40 people, from civil servants, former Northvolt employees and their family members, to workers at non-profit organisations supporting marginalised groups.

The Conversation

Ford’s Affordable EV Truck Sets The Stage For What’s Next

Ford’s Affordable EV Truck Sets The Stage For What’s Next

A next-generation electric crossover is on Ford’s drawing board after the electric truck.

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

What can Northvolt’s failure teach us about Europe’s competitive future?

How a company founded by two former Tesla executives managed to fail despite such a massive amount of capital will be a case study for business schools for years to come.

Agreement between Hydro-Québec and the Innu is a must for the development of the battery industry

In May 2024, Hydro-Québec and the Innu of Unamen Shipu signed an agreement over the Lac-Robertson generating station. The agreement aims to settle all disputes relating to this North Shore power station, built in the 1990s, that’s been the subject of a number of disputes and claims by the Unamen…

The Conversation

France’s Verkor calls for 'local for local' after Northvolt collapse

The EV battery firm, backed by Renault and other major investors, warns that support for European firms must remain steadfast — despite the collapse of Sweden’s Northvolt.

Northvolt files for bankruptcy as Europe’s big EV battery hope fails

Europe wanted to reduce reliance on Chinese-made EV batteries and materials

The Independent UK

inkl

Read news from The Economist, FT, and more,
with one subscription

Elon Musk Finally Gets His White House EV Summit

Elon Musk Finally Gets His White House EV Summit

The world's richest man is known for his long list of grievances. Regulations, "woke" culture, AI that isn't his own, people who don't advertise on his social media platform X and Marco Rubio are just some of the things he spends his days stewing about. But one thing really sticks in Elon…

Battery Maker Northvolt Files For Bankruptcy In Sweden

Battery Maker Northvolt Files For Bankruptcy In Sweden

Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden after failing to secure financing to enable it to continue operations, the struggling company said Wednesday.

International Business Times

EV battery startup Northvolt files for bankruptcy in Sweden

EV battery startup Northvolt files for bankruptcy in Sweden

Swedish firm unable to ‘secure the necessary financial conditions to continue in its current form’

The Guardian - UK

‘Homegrown’ Swedish battery startup admits importing vital components

‘Homegrown’ Swedish battery startup admits importing vital components

Northvolt, which claims to run Europe’s first homegrown gigafactory, admits it depends on Chinese suppliers for cathode active material

The Guardian - UK

CATL And Stellantis To Build Battery Factory In Spain

CATL And Stellantis To Build Battery Factory In Spain

CATL and Stellantis to invest 4.1 billion euros in a battery factory in Spain for electric vehicles, leveraging renewable energy sources. EU's green transi...

The Battery Crisis Taking Europe's EV Sector By Storm

The Battery Crisis Taking Europe's EV Sector By Storm

I feel like a broken record at this point, but the electric vehicle race isn't just about cars. It's about who controls the battery supply chain, and thus one of the most crucial energy technologies of tomorrow. As is the case in the U.S., Europe is trying to break free…

Northvolt CEO resigns after EV battery maker files for bankruptcy protection

Northvolt CEO resigns after EV battery maker files for bankruptcy protection

Peter Carlsson says $1bn to $1.2bn needed to restore business touted as potential European rival to Asian firms

The Guardian - UK

Get all your
news in one place.

100's of premium titles.
One news app.

Northvolt, Hailed As Europe’s Future EV Battery Champion, Files For Bankruptcy

Swedish-based Northvolt, which was seen as one of Europe’s best shots at fighting off China’s electric vehicle battery supremacy, filed for bankruptcy yesterday. The company said in its Chapter 11 petition filed in the United States Bankruptcy Court for the Southern District of Texas that its “liquidity picture has become…

The Guardian - UK

Volvo Cars to buy out Northvolt from jointly owned gigafactory in Sweden

Plans are further blow to Europe’s hopes of creating a homegrown electric car battery

Mystery deaths and mass layoffs: Europe’s green battery dream Northvolt turns sour

Northvolt was a shiny new startup with a pretty logo that promised to “make oil history” by making the cleanest electric car battery the world had ever seen. The Swedish company founded in 2016 was seen as a huge driver for Europe’s dream to become carbon neutral, and would drastically…

The Guardian - UK

‘Huge losses’: Sweden fears for future of batterymaker Northvolt

Government rules out bailout for key project in European green industrial transition as job cuts announced

Get all your
news in one place.

100's of premium titles.
One news app.

Stellantis CEO's Answer To EV Tariffs: Just Be More Like China

Stellantis wants to catch up with the burgeoning EV industry by adopting a low-cost mindset as Chinese carmakers.

International Business Times

Swedish Battery Maker Northvolt To Slash 1,600 Jobs, Quarter Of Staff

Sweden's beleaguered electric car battery maker Northvolt said Monday it would cut a quarter of its staff in the country, as it struggles with strained finances and a slowdown in demand.

The Guardian - UK

Batterymaker Northvolt to cut 1,600 jobs amid electric car ‘headwinds’

Move comes after weeks of uncertainty over reports of financial problems as green vehicle sector struggles

International Business Times

Battery Maker Northvolt To Cut Jobs, Slash Operations

Beleaguered Swedish electric car battery maker Northvolt said Monday it would cut its workforce as it scales back operations to focus on its main gigafactory in Sweden.

After a slew of setbacks, Swedish EV champion Northvolt is winding down part of its U.S. operations as it reevaluates its business

Northvolt is a pioneer in its own right. But delays and limping EV demand, have hurt its business.

Fisker Headed For Liquidation, Not Rescue And Rebirth

Fisker's remaining 4,300 cars could head to a "single buyer," but what happens to owners? Plus, Hyundai launches Amazon sales and BMW cancels a deal with Northvolt.

Northvolt CEO: EV Development Decline Temporary, Trend Continues

Northvolt's CEO addresses challenges in EV development, emphasizing commitment to innovation and sustainability.

1 2

People

207,429 stories

Ulf Kristersson

François Legault

Jonathan Nackstrand

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Organisations

inkl

Read news from The Economist, FT, and more,
with one subscription

Topics

electric vehicle

Renewable Energy

Places

406,888 stories

The United States

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play