Northvolt’s ambition was to become a European batterymaker to rival Chinese battery behemoths like CATL and BYD. They wanted to offer a homegrown supply chain to western automakers. But in November, the company announced its bankruptcy.

So what went wrong?

In this episode, Shayle talks to Sam Jaffe, principal at 1019 Technologies. They walk through Northvolt’s timeline from founding to bankruptcy, including the loss of a $2B deal with BMW. They discuss lessons learned and cover topics like: 

Recommended resources

Latitude Media: What Northvolt's bankruptcy means for Europe's battery ambitions

Intercalation: Battery production is genuinely difficult

Bloomberg: Northvolt Has Major Obstacles Ahead Even With Bailout In Reach

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