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Northvolt AB
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data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-12-04T05:00:00.645Z">Wednesday, 4 December, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="c0917ee7-317b-4b93-a802-dfbd2d892c63" data-stream-item> <div class="o-teaser o-teaser--audio o-teaser--small o-teaser--has-image js-teaser" data-id="c0917ee7-317b-4b93-a802-dfbd2d892c63"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/behind-the-money" aria-label="Category: Behind the Money podcast">Behind the Money podcast</a><span class="o-teaser__tag-suffix">28 min listen</span></div><div class="o-teaser__heading"><a href="/content/c0917ee7-317b-4b93-a802-dfbd2d892c63" data-trackable="heading-link" class="js-teaser-heading-link" aria-label="Listen to podcast Why Northvolt failed to become Europe’s battery champion">Why Northvolt failed to become Europe’s battery champion</a></div><p class="o-teaser__standfirst"><a href="/content/c0917ee7-317b-4b93-a802-dfbd2d892c63" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">How battery maker Northvolt went from Europe’s best-funded startup to filing for bankruptcy</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="c0917ee7-317b-4b93-a802-dfbd2d892c63" data-myft-ui="saved" action="/myft/save/c0917ee7-317b-4b93-a802-dfbd2d892c63" data-js-action="/__myft/api/core/saved/content/c0917ee7-317b-4b93-a802-dfbd2d892c63?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Why Northvolt failed to 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fuploaded-files%2FBTM_FT%2520App-Master%2520size_NEW%2520SYSTEM-51999373-6f41-4655-8276-7ef470a96854.jpeg?source=next&fit=scale-down&dpr=2&width=240" alt=""/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-26T05:00:06.446Z">Tuesday, 26 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="2d00d04f-53bf-4057-991d-0adff67d6a18" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="2d00d04f-53bf-4057-991d-0adff67d6a18"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/sarah-o-connor" aria-label="Category: Sarah O'Connor">Sarah O'Connor</a></div><div class="o-teaser__heading"><a href="/content/2d00d04f-53bf-4057-991d-0adff67d6a18" data-trackable="heading-link" class="js-teaser-heading-link">Why the public doesn’t buy the idea of a ‘green jobs’ bonanza</a></div><p class="o-teaser__standfirst"><a href="/content/2d00d04f-53bf-4057-991d-0adff67d6a18" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">People understand that transitions are hard — politicians need to as well</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="2d00d04f-53bf-4057-991d-0adff67d6a18" data-myft-ui="saved" action="/myft/save/2d00d04f-53bf-4057-991d-0adff67d6a18" data-js-action="/__myft/api/core/saved/content/2d00d04f-53bf-4057-991d-0adff67d6a18?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div 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aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F75fd4cc2-ffca-4221-9ece-957996bd9ce0.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="The NorthVolt AB Labs research and development center in Vasteras, Sweden"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-26T05:00:06.445Z">Tuesday, 26 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="1f61765f-6d26-456b-9cb5-8790f665e2d4" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="1f61765f-6d26-456b-9cb5-8790f665e2d4"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/due-diligence" aria-label="Category: Due Diligence">Due Diligence</a></div><div class="o-teaser__heading"><a href="/content/1f61765f-6d26-456b-9cb5-8790f665e2d4" data-trackable="heading-link" class="js-teaser-heading-link">Andrea Orcel resumes M&A offensive</a><span> <span class="o-labels o-labels--premium o-labels--content-premium">Premium</span><span class="o-normalise-visually-hidden"> content</span></span></div><p class="o-teaser__standfirst"><a href="/content/1f61765f-6d26-456b-9cb5-8790f665e2d4" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Plus, Northvolt’s bankruptcy leads to investor losses and Blackstone teams up with energy giant in new financing deal</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" 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class="stream-item" data-id="5f5acae6-8c97-499c-a2c3-35671f658f28" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="5f5acae6-8c97-499c-a2c3-35671f658f28"><div class="o-teaser__content"><div class="o-teaser__meta"></div><div class="o-teaser__heading"><a href="/content/5f5acae6-8c97-499c-a2c3-35671f658f28" data-trackable="heading-link" class="js-teaser-heading-link">Volkswagen wrote down majority of its stake in Northvolt over past year</a></div><p class="o-teaser__standfirst"><a href="/content/5f5acae6-8c97-499c-a2c3-35671f658f28" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">German carmaker’s writedowns done in phases over past 11 months</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="5f5acae6-8c97-499c-a2c3-35671f658f28" data-myft-ui="saved" action="/myft/save/5f5acae6-8c97-499c-a2c3-35671f658f28" 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aria-label="Category: Private equity">Private equity</a></div><div class="o-teaser__heading"><a href="/content/33de9bfc-bc03-4d01-8867-6270e95ea49c" data-trackable="heading-link" class="js-teaser-heading-link">UPS and Northvolt show the public and private market disconnect</a><span> <span class="o-labels o-labels--premium o-labels--content-premium">Premium</span><span class="o-normalise-visually-hidden"> content</span></span></div><p class="o-teaser__standfirst"><a href="/content/33de9bfc-bc03-4d01-8867-6270e95ea49c" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Accounting in private capital has increasingly come under fire</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="33de9bfc-bc03-4d01-8867-6270e95ea49c" data-myft-ui="saved" action="/myft/save/33de9bfc-bc03-4d01-8867-6270e95ea49c" data-js-action="/__myft/api/core/saved/content/33de9bfc-bc03-4d01-8867-6270e95ea49c?method=put" 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class="o-teaser__image-container js-teaser-image-container"><a href="/content/b58b6330-d91d-4a43-a901-d53c1cd4ddae" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2155%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F388645a6-5574-4c66-bc5f-2ff2b8f99858.png?source=next&fit=scale-down&dpr=2&width=240" alt="The Northvolt gigafactory near the town of Skellefteå"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-25T05:00:01.497Z">Monday, 25 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="8b2a586e-a774-4f9e-9f1b-473691afcaae" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="8b2a586e-a774-4f9e-9f1b-473691afcaae"><div class="o-teaser__content"><div class="o-teaser__meta"></div><div class="o-teaser__heading"><a href="/content/8b2a586e-a774-4f9e-9f1b-473691afcaae" data-trackable="heading-link" class="js-teaser-heading-link">The Northvolt dilemma: can European EVs avoid relying on Asian batteries?</a></div><p class="o-teaser__standfirst"><a href="/content/8b2a586e-a774-4f9e-9f1b-473691afcaae" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Governments, carmakers and investors must recraft the region’s strategy after the fall of the Swedish group</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="8b2a586e-a774-4f9e-9f1b-473691afcaae" data-myft-ui="saved" action="/myft/save/8b2a586e-a774-4f9e-9f1b-473691afcaae" 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</div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="22df8cf6-d224-4ce8-8d73-a5e3f995fc2c" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="22df8cf6-d224-4ce8-8d73-a5e3f995fc2c"><div class="o-teaser__content"><div class="o-teaser__meta"></div><div class="o-teaser__heading"><a href="/content/22df8cf6-d224-4ce8-8d73-a5e3f995fc2c" data-trackable="heading-link" class="js-teaser-heading-link">Goldman Sachs takes $900mn hit on Northvolt investment</a></div><p class="o-teaser__standfirst"><a href="/content/22df8cf6-d224-4ce8-8d73-a5e3f995fc2c" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">US bank is second-largest shareholder in Swedish battery maker which filed for Chapter 11 bankruptcy this week</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="22df8cf6-d224-4ce8-8d73-a5e3f995fc2c" data-myft-ui="saved" 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data-trackable="heading-link" class="js-teaser-heading-link">Northvolt chief warns of faltering green transition after battery maker’s bankruptcy</a></div><p class="o-teaser__standfirst"><a href="/content/773f143b-ea31-42fd-ba4d-e4b20f4050c3" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Europe’s best-funded start-up raised $15bn but was left with just $30mn in cash</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="773f143b-ea31-42fd-ba4d-e4b20f4050c3" data-myft-ui="saved" action="/myft/save/773f143b-ea31-42fd-ba4d-e4b20f4050c3" data-js-action="/__myft/api/core/saved/content/773f143b-ea31-42fd-ba4d-e4b20f4050c3?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My 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class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-21T20:24:49.488Z">Thursday, 21 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="47b1084f-a423-4c21-bad6-3d666428f5d4" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="47b1084f-a423-4c21-bad6-3d666428f5d4"><div class="o-teaser__content"><div class="o-teaser__meta"></div><div class="o-teaser__heading"><a href="/content/47b1084f-a423-4c21-bad6-3d666428f5d4" data-trackable="heading-link" class="js-teaser-heading-link">Battery start-up Northvolt files for bankruptcy protection in US</a></div><p class="o-teaser__standfirst"><a href="/content/47b1084f-a423-4c21-bad6-3d666428f5d4" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Europe’s big hope for homegrown manufacturing has struggled with production at its factory in northern Sweden</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="47b1084f-a423-4c21-bad6-3d666428f5d4" data-myft-ui="saved" action="/myft/save/47b1084f-a423-4c21-bad6-3d666428f5d4" data-js-action="/__myft/api/core/saved/content/47b1084f-a423-4c21-bad6-3d666428f5d4?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Battery start-up Northvolt files for bankruptcy protection in US to myFT for later" aria-label="Save Battery start-up Northvolt files for bankruptcy protection in US to myFT for later" data-alternate-label="Battery start-up Northvolt files for bankruptcy protection in 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<div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-11-17T05:01:00.482Z">Sunday, 17 November, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="8876a08c-a020-47a2-8402-ef1d2012ba15" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="8876a08c-a020-47a2-8402-ef1d2012ba15"><div class="o-teaser__content"><div class="o-teaser__meta"></div><div class="o-teaser__heading"><a href="/content/8876a08c-a020-47a2-8402-ef1d2012ba15" data-trackable="heading-link" class="js-teaser-heading-link">Northvolt’s future hangs in balance as bankruptcy looms</a></div><p class="o-teaser__standfirst"><a href="/content/8876a08c-a020-47a2-8402-ef1d2012ba15" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Troubled European battery maker in race against time to secure short-term funding</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="8876a08c-a020-47a2-8402-ef1d2012ba15" data-myft-ui="saved" action="/myft/save/8876a08c-a020-47a2-8402-ef1d2012ba15" data-js-action="/__myft/api/core/saved/content/8876a08c-a020-47a2-8402-ef1d2012ba15?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Northvolt’s future hangs in balance as bankruptcy looms to myFT for later" aria-label="Save Northvolt’s future hangs in balance as bankruptcy looms to myFT for later" data-alternate-label="Northvolt’s future hangs in balance as bankruptcy looms is Saved to myFT" 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data-o-date-format="date-only" datetime="2024-10-30T12:03:43.441Z">Wednesday, 30 October, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="8b447aed-7370-4818-818c-4e94d919c92a" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="8b447aed-7370-4818-818c-4e94d919c92a"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/electric-vehicles" aria-label="Category: Electric vehicles">Electric vehicles</a></div><div class="o-teaser__heading"><a href="/content/8b447aed-7370-4818-818c-4e94d919c92a" data-trackable="heading-link" class="js-teaser-heading-link">Volvo moves to buy out Northvolt from Gothenburg battery project</a></div><p class="o-teaser__standfirst"><a href="/content/8b447aed-7370-4818-818c-4e94d919c92a" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Chinese-owned Swedish carmaker is reviewing options for a potential partnership</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="8b447aed-7370-4818-818c-4e94d919c92a" data-myft-ui="saved" action="/myft/save/8b447aed-7370-4818-818c-4e94d919c92a" data-js-action="/__myft/api/core/saved/content/8b447aed-7370-4818-818c-4e94d919c92a?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Volvo moves to buy out Northvolt from Gothenburg battery project to myFT for later" aria-label="Save Volvo moves to buy out Northvolt from Gothenburg battery project to myFT for later" data-alternate-label="Volvo moves to buy out 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<div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-10-23T09:31:33.433Z">Wednesday, 23 October, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="95163040-43e7-4822-be94-b40baf2bfcdd" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="95163040-43e7-4822-be94-b40baf2bfcdd"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/56e2e366-5b73-4ea9-a5ea-2f437c018944" aria-label="Category: Volvo Cars">Volvo Cars</a></div><div class="o-teaser__heading"><a href="/content/95163040-43e7-4822-be94-b40baf2bfcdd" data-trackable="heading-link" class="js-teaser-heading-link">Volvo Cars says it will not support Northvolt as it slashes sales guidance </a></div><p class="o-teaser__standfirst"><a href="/content/95163040-43e7-4822-be94-b40baf2bfcdd" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Swedish group says it will not invest in its battery group partner amid softening demand for vehicles in key markets</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="95163040-43e7-4822-be94-b40baf2bfcdd" data-myft-ui="saved" action="/myft/save/95163040-43e7-4822-be94-b40baf2bfcdd" data-js-action="/__myft/api/core/saved/content/95163040-43e7-4822-be94-b40baf2bfcdd?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Volvo Cars says it will not support Northvolt as it slashes sales guidance to myFT for later" aria-label="Save Volvo Cars says it will not support Northvolt as it slashes sales guidance to myFT for later" data-alternate-label="Volvo Cars says it will not support Northvolt as it slashes sales guidance is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="95163040-43e7-4822-be94-b40baf2bfcdd" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/95163040-43e7-4822-be94-b40baf2bfcdd" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fe9bf87c1-bad1-4d26-87ab-c007211d3549.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Aerial view of Volvo cars parked at a port in Nanjing, eastern China"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-10-17T04:00:24.361Z">Thursday, 17 October, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="1e7ab9cc-bedd-4c59-bd02-31530e7c1002" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="1e7ab9cc-bedd-4c59-bd02-31530e7c1002"><div class="o-teaser__content"><div class="o-teaser__meta"></div><div class="o-teaser__heading"><a href="/content/1e7ab9cc-bedd-4c59-bd02-31530e7c1002" data-trackable="heading-link" class="js-teaser-heading-link">How Europe’s battery champion descended into crisis</a></div><p class="o-teaser__standfirst"><a href="/content/1e7ab9cc-bedd-4c59-bd02-31530e7c1002" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Insiders say Northvolt, Europe’s best-funded start-up, has been beset by problems from the start</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="1e7ab9cc-bedd-4c59-bd02-31530e7c1002" data-myft-ui="saved" action="/myft/save/1e7ab9cc-bedd-4c59-bd02-31530e7c1002" data-js-action="/__myft/api/core/saved/content/1e7ab9cc-bedd-4c59-bd02-31530e7c1002?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F40a0d28f-3aab-4e87-b1a4-1570b57fcc19.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="The Northvolt gigafactory near the town of Skellefteå, near the Arctic circle in Northern Sweden"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-stream-item> <div class="o-ads o-ads advert advert--instream" data-o-ads-targeting="pos=mid1;" data-o-ads-center="true" data-o-ads-label="false" data-o-ads-formats-small="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-medium="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-large="false" data-o-ads-formats-extra="false" aria-hidden="true"> </div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-10-08T08:24:59.087Z">Tuesday, 8 October, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="c502db37-8aff-493e-a133-13c6392eecdf" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="c502db37-8aff-493e-a133-13c6392eecdf"><div class="o-teaser__content"><div class="o-teaser__meta"></div><div class="o-teaser__heading"><a href="/content/c502db37-8aff-493e-a133-13c6392eecdf" data-trackable="heading-link" class="js-teaser-heading-link">Northvolt subsidiary files for bankruptcy</a></div><p class="o-teaser__standfirst"><a href="/content/c502db37-8aff-493e-a133-13c6392eecdf" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Move is part of lossmaking company’s attempt to stave off financial collapse</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="c502db37-8aff-493e-a133-13c6392eecdf" data-myft-ui="saved" action="/myft/save/c502db37-8aff-493e-a133-13c6392eecdf" data-js-action="/__myft/api/core/saved/content/c502db37-8aff-493e-a133-13c6392eecdf?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Northvolt subsidiary files for bankruptcy to myFT for later" aria-label="Save Northvolt subsidiary files for bankruptcy to myFT for later" data-alternate-label="Northvolt subsidiary files for bankruptcy is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="c502db37-8aff-493e-a133-13c6392eecdf" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/c502db37-8aff-493e-a133-13c6392eecdf" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2329%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F95c418e7-bddf-487f-bdf3-b344a687269d.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Northvolt’s logo on a sign outside the company’s Västerås plant in Sweden"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-09-26T15:57:13.214Z">Thursday, 26 September, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="3f17f44f-d9e1-4105-80c9-8c949798def9" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="3f17f44f-d9e1-4105-80c9-8c949798def9"><div class="o-teaser__content"><div class="o-teaser__meta"></div><div class="o-teaser__heading"><a href="/content/3f17f44f-d9e1-4105-80c9-8c949798def9" data-trackable="heading-link" class="js-teaser-heading-link">Northvolt to be served ‘suspicion of gross manslaughter’ notice over worker death </a></div><p class="o-teaser__standfirst"><a href="/content/3f17f44f-d9e1-4105-80c9-8c949798def9" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Move from Swedish prosecutors comes as the battery start-up struggles to raise fresh capital</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="3f17f44f-d9e1-4105-80c9-8c949798def9" data-myft-ui="saved" action="/myft/save/3f17f44f-d9e1-4105-80c9-8c949798def9" data-js-action="/__myft/api/core/saved/content/3f17f44f-d9e1-4105-80c9-8c949798def9?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Northvolt to be served ‘suspicion of gross manslaughter’ notice over worker death to myFT for later" aria-label="Save Northvolt to be served ‘suspicion of gross manslaughter’ notice over worker death to myFT for later" data-alternate-label="Northvolt to be served ‘suspicion of gross manslaughter’ notice over worker death is Saved to myFT" aria-pressed="false" 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class="o-date" data-o-date-format="date-only" datetime="2024-09-23T11:57:43.931Z">Monday, 23 September, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="701c710c-7614-4de9-a9ae-2ecfe8b7acfe" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="701c710c-7614-4de9-a9ae-2ecfe8b7acfe"><div class="o-teaser__content"><div class="o-teaser__meta"></div><div class="o-teaser__heading"><a href="/content/701c710c-7614-4de9-a9ae-2ecfe8b7acfe" data-trackable="heading-link" class="js-teaser-heading-link">Northvolt to cut more than 20% of jobs in battle for survival</a></div><p class="o-teaser__standfirst"><a href="/content/701c710c-7614-4de9-a9ae-2ecfe8b7acfe" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Europe’s leading battery maker is downsizing as it struggles to build up production amid slowing shift to electric vehicles </a></p><div 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class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-09-20T04:00:58.016Z">Friday, 20 September, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="7660af26-413b-49ed-920f-d799b2741c19" data-stream-item> <div class="o-teaser o-teaser--audio o-teaser--small o-teaser--has-image js-teaser" data-id="7660af26-413b-49ed-920f-d799b2741c19"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/ft-news-briefing" aria-label="Category: FT News Briefing podcast">FT News Briefing podcast</a><span class="o-teaser__tag-suffix">12 min listen</span></div><div class="o-teaser__heading"><a href="/content/7660af26-413b-49ed-920f-d799b2741c19" data-trackable="heading-link" class="js-teaser-heading-link" aria-label="Listen to podcast Europe’s battery darling runs out of juice">Europe’s battery darling runs out of juice</a></div><p 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aria-label="Category: Due Diligence">Due Diligence</a></div><div class="o-teaser__heading"><a href="/content/0fc8a26c-b36b-4e2b-ba1f-0646280a0efd" data-trackable="heading-link" class="js-teaser-heading-link">Where you should take DD to lunch</a><span> <span class="o-labels o-labels--premium o-labels--content-premium">Premium</span><span class="o-normalise-visually-hidden"> content</span></span></div><p class="o-teaser__standfirst"><a href="/content/0fc8a26c-b36b-4e2b-ba1f-0646280a0efd" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Plus, Europe’s great battery hope scrambles to raise funds and an ugly boardroom brawl to kick out a billionaire founder</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="0fc8a26c-b36b-4e2b-ba1f-0646280a0efd" data-myft-ui="saved" action="/myft/save/0fc8a26c-b36b-4e2b-ba1f-0646280a0efd" 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class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="b214a031-e975-4bb8-85b1-11a2252b71d7"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">News in-depth</span></div><div class="o-teaser__heading"><a href="/content/b214a031-e975-4bb8-85b1-11a2252b71d7" data-trackable="heading-link" class="js-teaser-heading-link">Europe’s great battery hope Northvolt fights for survival</a></div><p class="o-teaser__standfirst"><a href="/content/b214a031-e975-4bb8-85b1-11a2252b71d7" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Swedish start-up struggles to secure funds as it tries to increase production at its gigafactory</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="b214a031-e975-4bb8-85b1-11a2252b71d7" data-myft-ui="saved" action="/myft/save/b214a031-e975-4bb8-85b1-11a2252b71d7" 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</span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/b214a031-e975-4bb8-85b1-11a2252b71d7" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2636%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F3ebac467-a00c-47cf-be00-a5fd78886498.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="The Northvolt facility in Skelleftea, Sweden"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-09-16T15:55:13.231Z">Monday, 16 September, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="14364789-bd61-4205-8e1d-1f21e6a136e1" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="14364789-bd61-4205-8e1d-1f21e6a136e1"><div class="o-teaser__content"><div class="o-teaser__meta"></div><div class="o-teaser__heading"><a href="/content/14364789-bd61-4205-8e1d-1f21e6a136e1" data-trackable="heading-link" class="js-teaser-heading-link">Swedish PM rules out government rescue of troubled Northvolt</a></div><p class="o-teaser__standfirst"><a href="/content/14364789-bd61-4205-8e1d-1f21e6a136e1" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Battery start-up struggles to gain backing for latest fundraising amid Europe’s slowing take-up of electric vehicles</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="14364789-bd61-4205-8e1d-1f21e6a136e1" data-myft-ui="saved" action="/myft/save/14364789-bd61-4205-8e1d-1f21e6a136e1" 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</form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/14364789-bd61-4205-8e1d-1f21e6a136e1" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F8149eed6-6199-461d-b901-72cf04de0533.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="A worker outside Northvolt’s gigafactory in Skellefteå, north Sweden"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2024-09-09T12:00:42.847Z">Monday, 9 September, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="df16b3c0-92f8-4b72-abfb-22a7eca03953" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="df16b3c0-92f8-4b72-abfb-22a7eca03953"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/electric-vehicles" aria-label="Category: Electric vehicles">Electric vehicles</a></div><div class="o-teaser__heading"><a href="/content/df16b3c0-92f8-4b72-abfb-22a7eca03953" data-trackable="heading-link" class="js-teaser-heading-link">Northvolt to cut jobs and sell off unit to survive EV chill </a></div><p class="o-teaser__standfirst"><a href="/content/df16b3c0-92f8-4b72-abfb-22a7eca03953" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Swedish battery maker has been grappling with factory problems and slowing growth in European EV take-up</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" 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datetime="2024-08-13T04:00:13.624Z">Tuesday, 13 August, 2024</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="c5031202-a458-4118-a02a-93870e32b065" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="c5031202-a458-4118-a02a-93870e32b065"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/the-big-read" aria-label="Category: The Big Read">The Big Read</a></div><div class="o-teaser__heading"><a href="/content/c5031202-a458-4118-a02a-93870e32b065" data-trackable="heading-link" class="js-teaser-heading-link">Can Sweden deliver its much hyped green energy boom?</a></div><p class="o-teaser__standfirst"><a href="/content/c5031202-a458-4118-a02a-93870e32b065" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Abundant electricity in the north was supposed to power a new wave of industrialisation. 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