# Northvolt

From pioneer to bankruptcy: The rise and fall of Northvolt
Analysis
November 28, 2024
From pioneer to bankruptcy: The rise and fall of Northvolt
After a dramatic week for the Swedish battery maker, we dig through media archives to tackle the burning question: why did Northvolt fail?
Mimi Billing
VW, Goldman and pension funds: Who has most on the line in Northvolt bankruptcy?
Analysis
November 22, 2024
VW, Goldman and pension funds: Who has most on the line in Northvolt bankruptcy?
Aside from our warming planet and hopes of European resilience, the biggest losers include Volkswagen and pension funds
Freya Pratty
What’s next for Northvolt after Chapter 11 bankruptcy?
Analysis
November 22, 2024
What’s next for Northvolt after Chapter 11 bankruptcy?
Chapter 11 means the company can seek new financing and restructure its debts
Freya Pratty
'I take responsibility,' says Peter Carlsson, resigning as Northvolt CEO
News
November 22, 2024
'I take responsibility,' says Peter Carlsson, resigning as Northvolt CEO
Peter Carlsson is stepping down from bankrupt Swedish battery maker Northvolt after the company filed for bankruptcy in the US
Mimi Billing and Freya Pratty
Northvolt files for Chapter 11 bankruptcy in the US
News
November 21, 2024
Northvolt files for Chapter 11 bankruptcy in the US
The company has been urgently hunting for fresh capital
Mimi Billing
Volkswagen investment chief to leave Northvolt board
News
November 11, 2024
Volkswagen investment chief to leave Northvolt board
Volkswagen is the company’s largest shareholder
Freya Pratty
Northvolt subsidiary Ett Expansion files for bankruptcy
News
October 8, 2024
Northvolt subsidiary Ett Expansion files for bankruptcy
The filing comes after struggling battery maker halted operations to expand factory in Skellefteå
Miriam Partington
Majority of Northvolt’s government funding has never hit its bank account
Analysis
October 2, 2024
Majority of Northvolt’s government funding has never hit its bank account
Sweden, Germany, Canada and the European Union have all pledged funds to Northvolt
Freya Pratty and Mimi Billing
Northvolt makes 1,600 people redundant
News
September 23, 2024
Northvolt makes 1,600 people redundant
The layoffs count for about one-quarter of the total number of employees
Mimi Billing
Northvolt’s plan to build Europe’s largest lithium plant is two years delayed
News
September 12, 2024
Northvolt’s plan to build Europe’s largest lithium plant is two years delayed
The project, a joint-venture with oil and gas giant Galp, is waiting on a funding decision from the European Investment Bank
Freya Pratty
Northvolt plans to cut jobs and sell sites as losses pile up
News
September 9, 2024
Northvolt plans to cut jobs and sell sites as losses pile up
The Swedish battery maker will cut some of its 7,000-strong workforce
Freya Pratty and Amy Lewin
Trouble at Northvolt: safety concerns, scrapped orders and a factory up in the air
Analysis
June 27, 2024
Trouble at Northvolt: safety concerns, scrapped orders and a factory up in the air
Despite carrying the weight of Europe’s domestic battery hopes on its shoulders, all is not rosy at the Swedish gigafactory
Freya Pratty
Northvolt’s €2bn deal with BMW cancelled
News
June 20, 2024
Northvolt’s €2bn deal with BMW cancelled
Northvolt is also undergoing a strategic review of a planned factory in Borlänge, Sweden
Freya Pratty and Mimi Billing
‘If Vargas is behind something, it cannot fail’: Inside the climate tech unicorn factory behind Northvolt and H2 Green Steel
Analysis
April 4, 2024
‘If Vargas is behind something, it cannot fail’: Inside the climate tech unicorn factory behind Northvolt and H2 Green Steel
How almost everything Swedish financiers Harald Mix and Carl-Erik Lagercrantz touch turns into gold
Freya Pratty
Northvolt secures Europe’s largest green loan ever at $5bn
News
January 16, 2024
Northvolt secures Europe’s largest green loan ever at $5bn
The battery giant will use the capital to expand its Swedish factory
Mimi Billing and Freya Pratty
EU greenlights €902m Northvolt deal for German gigafactory
News
January 8, 2024
EU greenlights €902m Northvolt deal for German gigafactory
Northvolt’s German factory, announced last year, will be in Heide, a town near the Danish border
Freya Pratty and Mimi Billing
“Dark day” at Northvolt as two workers die in separate accidents
News
December 15, 2023
“Dark day” at Northvolt as two workers die in separate accidents
The accidents happened at the company’s Skellefteå gigafactory in northern Sweden
Mimi Billing and Freya Pratty
Northvolt’s battery breakthrough — and the big quest to move Europe away from lithium
Analysis
December 11, 2023
Northvolt’s battery breakthrough — and the big quest to move Europe away from lithium
Building a battery that doesn’t rely on lithium or cobalt is a holy grail for the green transition
Freya Pratty and Mimi Billing
Northvolt’s $20bn listing in Stockholm — a win for European stock exchanges
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
Northvolt raises $1.2bn convertible note from BlackRock
News
August 22, 2023
Northvolt raises $1.2bn convertible note from BlackRock
Northvolt is quickly emerging as Europe’s main contender to supply the many batteries needed for the green transition
Freya Pratty and Mimi Billing
The man behind Northvolt and H2 Green Steel is launching a new venture
Interview
June 16, 2023
The man behind Northvolt and H2 Green Steel is launching a new venture
If Mix's track record is anything to go by, new venture Aira will be one to watch
Freya Pratty
Inside Northvolt’s plan to tap Portuguese white gold
Analysis
May 18, 2023
Inside Northvolt’s plan to tap Portuguese white gold
Battery makers are racing to shore up their lithium supply; but not everyone is happy about Portugal’s increasingly starring role
Freya Pratty
Northvolt to build German and US factories
News
May 12, 2023
Northvolt to build German and US factories
The company had previously indicated the plans could be on hold
Freya Pratty
Northvolt to confirm US expansion plans within weeks, cofounder says
News
April 24, 2023
Northvolt to confirm US expansion plans within weeks, cofounder says
Northvolt says it will make a decision on expanding into North America in the coming weeks
Freya Pratty

# Northvolt

From pioneer to bankruptcy: The rise and fall of Northvolt

VW, Goldman and pension funds: Who has most on the line in Northvolt bankruptcy?

What’s next for Northvolt after Chapter 11 bankruptcy?

'I take responsibility,' says Peter Carlsson, resigning as Northvolt CEO

Northvolt files for Chapter 11 bankruptcy in the US

Volkswagen investment chief to leave Northvolt board

Northvolt subsidiary Ett Expansion files for bankruptcy

Majority of Northvolt’s government funding has never hit its bank account

Northvolt makes 1,600 people redundant

Northvolt’s plan to build Europe’s largest lithium plant is two years delayed

Northvolt plans to cut jobs and sell sites as losses pile up

Trouble at Northvolt: safety concerns, scrapped orders and a factory up in the air

Northvolt’s €2bn deal with BMW cancelled

‘If Vargas is behind something, it cannot fail’: Inside the climate tech unicorn factory behind Northvolt and H2 Green Steel

Northvolt secures Europe’s largest green loan ever at $5bn

EU greenlights €902m Northvolt deal for German gigafactory

“Dark day” at Northvolt as two workers die in separate accidents

Northvolt’s battery breakthrough — and the big quest to move Europe away from lithium

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

Northvolt raises $1.2bn convertible note from BlackRock

The man behind Northvolt and H2 Green Steel is launching a new venture

Inside Northvolt’s plan to tap Portuguese white gold

Northvolt to build German and US factories

Northvolt to confirm US expansion plans within weeks, cofounder says