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Northvolt files for bankruptcy in Sweden
(www.ft.com)
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this post was submitted on 12 Mar 2025
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Yeah, it’s unfortunate. Though because of the scandals and the deaths I don’t think any politician would want anything to do with a rescue operation of Northvolt.
I think what’s important now is for a European company (and not an overseas one) to pick up the pieces and continue the development. We badly need domestic European battery technology, but we also need it from someone who knows how to manage a company.