The fall of Northvolt, Sweden’s symbol of green reindustrialisation.
22 November 2025
On 12 March, the electric battery giant shut its doors for good. Nearly 5 000 people at the Skellefteå gigafactory lost their jobs.
As the US-based company Lyten prepares to restart production, Northvolt’s downfall has cast a chill over Sweden’s ambitions to reindustrialise around clean technology.
As the US-based company Lyten prepares to restart production, Northvolt’s downfall has cast a chill over Sweden’s ambitions to reindustrialise around clean technology.