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Northvolt to wind down Swedish battery production in June

Northvolt’s failure brought home the sheer difficulty of achieving localised battery production for European automotive. By Stewart Burnett

Swedish battery maker Northvolt, which declared bankruptcy in March 2025, will wind down production at its main plant in Skellefteå by the end of June. Once Europe’s leading hope for competing with Asian battery giants, Northvolt’s collapse underscores the challenges of establishing localised battery production in the region.

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