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? Euronews · Mar 3
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 · Mar 12, 2025
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 · Nov 22, 2024
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… France 24 · Oct 2, 2024
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. International Business Times · Sep 23, 2024
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 The Guardian - UK · Sep 23, 2024
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. International Business Times · Sep 9, 2024
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. Fortune · Aug 20, 2024
Sweden's Northvolt wants to rival China's battery dominance to power electric cars Northvolt's CEO says the key driver behind the startup is to make Europe self-efficient and less reliant on China for supplies. WEKU · Jul 1, 2023