After Northvolt’s failure, who will make Europe’s EV batteries?

After Northvolt’s failure, who will make Europe’s EV batteries?

FEW European startups have attracted as much attention—and none as much capital—as Northvolt. On November 21st the Swedish maker of batteries for electric vehicles (EVs), and a would-be European champion, went bankrupt, having raised $15bn from governments and investors. Its boss, Peter Carlsson, resigned shortly after.

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Publish date : 2024-11-28 06:02:00

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