Great fall: The Swedish company Northvolt, which specializes in lithium-ion batteries for electric vehicles, has declared bankruptcy. “Like many companies in the battery sector, Northvolt has experienced a number of challenges in recent months. They hurt the financial positionincluding rising costs of capital, geopolitical instability, disruption of supply chain and change of demand on the market ” – we read in the company's communiqué. The Swedish trustee designated by the court will supervise, among others, the sale of activities and assets and the issue of resolving overdue obligations.
“It's shameful”: – I am absolutely angry Due to Northvolt's bankruptcy – commented in an interview with “Politico” Sofie Erisson, a Swedish MP European Parliament. In her opinion, the concern “betrayed” local communities. – the company was incorrectly managed To the extent that she is forced to bankruptcy. It's even shameful – she added.
China versus EU: “The European Union wants to develop its own battery industry that could compete with Chinabut the best chance of gaining independence – the Swedish company Northvolt – she did not burn” – notes” Politico “. In the production of batteries China dominates and other Asia countries. As we read further, some politicians They expect Swedish row will intervene and save the company. The local authorities are not going to help and have turned to the European Union in this matter. In turn, the Competitiveness Council (Compet) did not speak directly about support for Northvolt.
Read also: “The giant announces bankruptcy. 'One of the largest bankruptcies in history'. He had a factory in Poland“.