4min chapter

Behind the Money cover image

Why Northvolt failed to become Europe’s battery champion

Behind the Money

CHAPTER

The Future of Battery Production in Europe: Challenges and Opportunities

This chapter delves into Northvolt's quest to become Europe's premier battery manufacturer, highlighting the challenges posed by competition and investment risks. It also examines the relationship between European car manufacturers and the local battery industry, questioning the future support from policymakers amid increasing competition from Asia.

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