Battery manufacturer Northvolt files for bankruptcy in Sweden

Company was key to Europe's hope to build own battery supply chain to compete with Asian rivals

Northvolt's industrialisation facility – Northvolt Labs.
Northvolt's industrialisation facility – Northvolt Labs.Photo: Northvolt
Published 12 March 2025, 07:38Updated 12 March 2025, 07:38
EuropeSwedenBatteriesbattery storageFinance