Analysis

March 12, 2025

Northvolt collapse stirs investor unease: ‘It’s a bitter pill to swallow’

The battery-maker was once seen as Europe's best chance at competing in an industry dominated by China


The collapse of EV battery-maker Northvolt has left climate and energy investors reevaluating their positions, after the once-lauded startup this week filed for bankruptcy in Sweden. 

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Martin Coulter

Martin Coulter is Sifted's news editor, based in London. You can follow him on LinkedIn and X

Mimi Billing

Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

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