Responsible Investing

Nordic institutional investors still see potential in beleaguered Swedish battery producer

Northvolt, the Swedish manufacturer of sustainable batteries for electric vehicles, is facing a mountain of problems as the market for its products appears to be saturated.
Northvolt is attracting ever more negative headlines. | Photo: Helena Soderpalm/Reuters/Ritzau Scanpix
Northvolt is attracting ever more negative headlines. | Photo: Helena Soderpalm/Reuters/Ritzau Scanpix
by KIM WIESENER

The much hyped Swedish “green” battery producer, Northvolt, is attracting ever more negative headlines in the wake of numerous setbacks that include the loss of a huge order, a scrapped factory project and three mysterious deaths at its factory in Northern Sweden.

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