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        Northvolt AB

        • Thursday, 22 May, 2025
          Special ReportEurope’s Climate Leaders
          Northvolt failure raises stakes for Europe’s battery industry

          Swedish start-up’s fate raises fears its European peers will also perish in the ‘valley of death’

          Large industrial factory with lit exterior reflected in a still body of water under a cloudy evening sky
        • Thursday, 13 March, 2025
          Boss of bankrupt Northvolt urges Europe to invest in homegrown battery sector

          Industry executives criticise ‘strategic failure’ by Swedish government and Brussels for allowing start-up to fail

          An aerial view of the Northvolt factory in Skellefte?, north Sweden
        • Thursday, 13 March, 2025
          FT News Briefing podcast12 min listen
          Lights out at Northvolt

          The collapse of the battery maker hurts Europe’s bid to rival China

        • Wednesday, 12 March, 2025
          Lex
          Northvolt’s fate teaches Europe a lesson: stick to what you are good at Premium?content

          Bankruptcy dashes hope a European EV battery maker could be capable of denting market dominance of Asian rivals

          Northvolt’s office in Stockholm, Sweden
        • Wednesday, 12 March, 2025
          Northvolt files for bankruptcy in Sweden

          Collapse of vehicle battery maker deals major blow to Europe’s bid to rival China??

          A worker walks through snow at the site of the Northvolt factory in Skellefte?, Sweden
        • Tuesday, 18 February, 2025
          Northvolt to sell industrial battery unit to Scania

          Deal for undisclosed sum is Swedish battery maker’s latest step in efforts to shore up finances

          The truck is surrounded by visitors to the show
        • Tuesday, 18 February, 2025
          News in-depthBatteries
          Europe risks becoming ‘assembly plant’ for Chinese battery makers

          Bloc needs a regulatory framework to ensure skills transfer from Asian companies, warns report

          A worker produces battery parts for new energy vehicles for export at a workshop in Huzhou, China
        • Thursday, 5 December, 2024
          Business InsightRichard Milne
          Troubled Northvolt may struggle to find a buyer

          The one-time great European hope for the battery industry faces an uphill task to secure a financial rescue

          Northvolt former CEO Peter Carlsson at the Northvolt gigafactory near the town of Skellefte?, near the Arctic circle in Northern Sweden.
        • Wednesday, 4 December, 2024
          Behind the Money podcast28 min listen
          Why Northvolt failed to become Europe’s battery champion

          How battery maker Northvolt went from Europe’s best-funded startup to filing for bankruptcy

        • Tuesday, 26 November, 2024
          Sarah O'Connor
          Why the public doesn’t buy the idea of a ‘green jobs’ bonanza

          People understand that transitions are hard — politicians need to as well

          The NorthVolt AB Labs research and development center in Vasteras, Sweden
        • Tuesday, 26 November, 2024
          Due Diligence
          Andrea Orcel resumes M&A offensive Premium?content

          Plus, Northvolt’s bankruptcy leads to investor losses and Blackstone teams up with energy giant in new financing deal

          Andrea Orcel
        • Monday, 25 November, 2024
          Volkswagen wrote down majority of its stake in Northvolt over past year

          German carmaker’s writedowns done in phases over past 11 months

          An electric automobile manufactured by Volkswagen AG outside the Northvolt Ett AB in Skelleftea
        • Monday, 25 November, 2024
          LexPrivate equity
          UPS and Northvolt show the public and private market disconnect Premium?content

          Accounting in private capital has increasingly come under fire

          A UPS worker is pushing a hand truck loaded with packages along a sidewalk in San Francisco
        • Monday, 25 November, 2024
          FT Asset Management
          Goldman’s $900mn hit

          Plus, Trump’s stock market honeymoon, Germany’s ‘debt brake’, and Francis Bacon at the National Portrait Gallery

          The Northvolt gigafactory near the town of Skellefte?
        • Monday, 25 November, 2024
          The Northvolt dilemma: can European EVs avoid relying on Asian batteries?

          Governments, carmakers and investors must recraft the region’s strategy after the fall of the Swedish group

          Workers at the Northvolt gigafactory near the town of Skellefte?, near the Arctic circle in Northern Sweden.
        • Saturday, 23 November, 2024
          Goldman Sachs takes $900mn hit on Northvolt investment

          US bank is second-largest shareholder in Swedish battery maker which filed for Chapter 11 bankruptcy this week

        • Friday, 22 November, 2024
          News in-depth
          ‘There was so much promise’: How Northvolt tumbled into bankruptcy

          Battery champion became a symbol of Europe’s ambitions and then its failings on its way to Chapter 11 proceedings

          The Northvolt gigafactory near the town of Skellefte?
        • Friday, 22 November, 2024
          Northvolt chief warns of faltering green transition after battery maker’s bankruptcy

          Europe’s best-funded start-up raised $15bn but was left with just $30mn in cash

          Peter Carlsson speaks to journalists in Stockholm
        • Thursday, 21 November, 2024
          Battery start-up Northvolt files for bankruptcy protection in US

          Europe’s big hope for homegrown manufacturing has struggled with production at its factory in northern Sweden

          Workers at the Northvolt gigafactory near the town of Skellefte?, near the Arctic circle in northern Sweden
        • Sunday, 17 November, 2024
          Northvolt’s future hangs in balance as bankruptcy looms

          Troubled European battery maker in race against time to secure short-term funding

        • Wednesday, 30 October, 2024
          Electric vehicles
          Volvo moves to buy out Northvolt from Gothenburg battery project

          Chinese-owned Swedish carmaker is reviewing options for a potential partnership

          A person in hi-vis clothing holds a mock-up of a Northvolt battery
        • Wednesday, 23 October, 2024
          Volvo Cars
          Volvo Cars says it will not support Northvolt as it slashes sales guidance

          Swedish group says it will not invest in its battery group partner amid softening demand for vehicles in key markets

          Aerial view of Volvo cars parked at a port in Nanjing, eastern China
        • Thursday, 17 October, 2024
          How Europe’s battery champion descended into crisis

          Insiders say Northvolt, Europe’s best-funded start-up, has been beset by problems from the start

          The Northvolt gigafactory near the town of Skellefte?, near the Arctic circle in Northern Sweden
        • Tuesday, 8 October, 2024
          Northvolt subsidiary files for bankruptcy

          Move is part of lossmaking company’s attempt to stave off financial collapse

          Northvolt’s logo on a sign outside the company’s V?ster?s plant in Sweden
        • Thursday, 26 September, 2024
          Northvolt to be served ‘suspicion of gross manslaughter’ notice over worker death

          Move from Swedish prosecutors comes as the battery start-up struggles to raise fresh capital

          Northvolt Ett factory in Skelleftea, north Sweden
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