# Northvolt

The 20 companies that landed Europe’s largest equity deals ever
Pro
Analysis
April 3, 2026
The 20 companies that landed Europe’s largest equity deals ever
UK and German startups take the biggest spoils
Oshin Narang
Startups are hitting $10bn valuations faster — is that a problem?
Pro
Analysis
February 4, 2026
Startups are hitting $10bn valuations faster — is that a problem?
Half of Europe’s decacorns were minted this year, with some hitting the milestone quicker than ever
Tom Nugent, Ruggero Di Spigna and Jonathan Sinclair
Ex-Northvolt CEO speaks out: ‘It was like pouring diesel on a fire’
Pro
Interview
November 25, 2025
Ex-Northvolt CEO speaks out: ‘It was like pouring diesel on a fire’
Peter Carlsson sits down with Sifted one year after resigning as Northvolt CEO
Mimi Billing
Northvolt employees could soon return to work under new owner, reports say
News
July 23, 2025
Northvolt employees could soon return to work under new owner, reports say
Potential buyers circle collapsed battery-maker
Freya Pratty
Northvolt cofounder faces involuntary manslaughter probe over alleged workplace safety breaches, reports say
News
May 28, 2025
Northvolt cofounder faces involuntary manslaughter probe over alleged workplace safety breaches, reports say
Swedish police are looking into a workplace accident in which a 25-year-old man died
Mimi Billing
Northvolt to shut down operations by end of June
News
May 22, 2025
Northvolt to shut down operations by end of June
Last remaining customer Scania reportedly stops buying Northvolt batteries
Mimi Billing
Northvolt collapse stirs investor unease: ‘It’s a bitter pill to swallow’
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
Martin Coulter and Mimi Billing
From pioneer to bankruptcy: The rise and fall of Northvolt
Analysis
March 12, 2025
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
Northvolt files for bankruptcy in Sweden
News
March 12, 2025
Northvolt files for bankruptcy in Sweden
Battery-maker faces ‘incredible difficult day’ as it files one of Sweden’s largest ever bankruptcy cases
Mimi Billing
EV startup Arrival shuts down operations, lays off staff after sale plan collapses
News
March 10, 2025
EV startup Arrival shuts down operations, lays off staff after sale plan collapses
Once valued at $13bn, the UK electric van maker fell into administration in early 2024
Kai Nicol-Schwarz
Northvolt extends runway but says it needs more capital to survive
News
February 12, 2025
Northvolt extends runway but says it needs more capital to survive
The bankrupt battery factory has saved money through further cost-cutting
Mimi Billing and Freya Pratty
Northvolt, Lilium, Graphcore: Europe’s deeptech credentials take a battering as darlings flounder
Analysis
November 29, 2024
Northvolt, Lilium, Graphcore: Europe’s deeptech credentials take a battering as darlings flounder
2024 has been a rocky year for many of Europe's deeptech poster children
Kai Nicol-Schwarz, Freya Pratty and Miriam Partington
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
Pro
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

# Northvolt

The 20 companies that landed Europe’s largest equity deals ever

Startups are hitting $10bn valuations faster — is that a problem?

Ex-Northvolt CEO speaks out: ‘It was like pouring diesel on a fire’

Northvolt employees could soon return to work under new owner, reports say

Northvolt cofounder faces involuntary manslaughter probe over alleged workplace safety breaches, reports say

Northvolt to shut down operations by end of June

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

From pioneer to bankruptcy: The rise and fall of Northvolt

Northvolt files for bankruptcy in Sweden

EV startup Arrival shuts down operations, lays off staff after sale plan collapses

Northvolt extends runway but says it needs more capital to survive

Northvolt, Lilium, Graphcore: Europe’s deeptech credentials take a battering as darlings flounder

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