Analysis

October 25, 2023

Northvolt’s $20bn listing in Stockholm — a win for European stock exchanges

The IPO would improve the reputation of European stock markets after years of losing large listings to the US


Mimi Billing

4 min read

Peter Carlsson, founder of Northvolt. Photo: Northvolt.

The Swedish battery gigafactory Northvolt has been getting ready for an IPO, either in Stockholm or in the US, for at least a year. In February, its head of corporate finance, Andreas Pettersson, told Sifted that an IPO could come “in the next year or two.”

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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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