All posts tagged: Northvolt

Does Lyten see something everyone else has missed?

SvD Näringsliv

This analysis was first published in SvD Näringsliv, in Swedish, on August 7th, 2025. This piece was translated from Swedish by Claude. Some phrasing may differ from a human translation. The Northvolt bankruptcy estate is being bought up by the American company Lyten. The sale is a comeback — but it came at a high price. Bankruptcy administrator Mikael Kubu has probably not had a particularly relaxing summer. After Northvolt went bankrupt in March this […]

One big question about the collapse remains unanswered

SvD Näringsliv

This analysis was first published in SvD Näringsliv, in Swedish, on March 12th, 2025. This piece was translated from Swedish by Claude. Some phrasing may differ from a human translation. Why Northvolt could not be saved is no mystery. A larger — and more important — question is why the company chose to grow so aggressively rather than first building a sustainable production operation. That question remains unanswered. Northvolt AB’s board describes the past few […]

This is the definitive end

SvD Näringsliv

This analysis was first published in SvD Näringsliv, in Swedish, on February 18th, 2025. This piece was translated from Swedish by Claude. Some phrasing may differ from a human translation. Following SvD’s report that Scania is buying a factory from Northvolt, the next question immediately arises: who — or what — might buy the rest? It was painted as a corporate empire in the green transition — before the first factory had even opened. Northvolt […]

He sold a dream nobody buys anymore

SvD Näringsliv

This analysis was first published in SvD Näringsliv, in Swedish, on November 22nd, 2024. This piece was translated from Swedish by Claude. Some phrasing may differ from a human translation. The suit sold the dream. The excavator was supposed to do the work. But the visions and the reality never pulled in the same direction at Northvolt. What Peter Carlsson leaves behind is not what he had imagined. It is a bright spring day in […]

The layoffs won’t solve the problems

SvD Näringsliv

The layoffs won’t solve Northvolt’s problems Published in Svenska Dagbladet, 2024-09-23. Translated from Swedish. 1,600 employees are losing their jobs at Northvolt in Sweden. Meanwhile, future financing is still not in place. What is actually happening now? Why is Northvolt making so many redundancies now? According to the company it is a result of the “macroeconomic climate” and the need to focus on fewer things. The expansion of the Skellefteå factory — which was supposed […]

Is anyone willing to save Northvolt?

SvD Näringsliv

Who can save Northvolt from its crisis? Published in Svenska Dagbladet, 2024-09-16. Translated from Swedish. The crisis at Northvolt is deepening. Money is running out and the options are few. Who can save the company now? More than 100 billion kronor has been pumped into Northvolt. Now the ground is shaking beneath the giant battery factory in Skellefteå before it has even reached full production. Customers have pulled out, employees have been given redundancy notices […]

Northvolt wants to do for batteries what Musk did for EVs

SvD Näringsliv

This analysis was first published in SvD Näringsliv, in Swedish, on February 25th, 2023. This piece was translated from Swedish by Claude. Some phrasing may differ from a human translation. Is battery maker Northvolt headed for the stock market? The answer may lie in the company’s history. Its CEO has learned a great deal from his former employer — Tesla. Tall and distinguished, Peter Carlsson stood in the reception of Tesla Motors in Fremont, California, […]