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Economist Podcasts
The Rise and Fall of Northvolt: Europe's Battery Champion
This chapter examines Northvolt's journey as a leading battery manufacturer for electric vehicles in Europe, detailing its ambitious growth, financial challenges, and eventual bankruptcy. It highlights the competitive pressures from global players, particularly China, and the impact on Europe's EV market amid a quest for sustainable battery production. The discussion also reflects on the implications of Northvolt's decline for the future of electric vehicle manufacturing and environmental goals in Europe.
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