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2024

Mystery deaths and mass layoffs: Europe’s green battery dream Northvolt turns sour

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Northvolt was a shiny new startup with a pretty logo that promised to “make oil history” by making the cleanest electric car battery the world had ever seen. The Swedish company founded in 2016 was seen as a huge driver for Europe’s dream to become carbon neutral, and would drastically cut the continent’s reliance on China for imported electric car batteries. Some of the largest car-makers out there, including Volvo, Volkswagen and BMW, rushed to place their orders, and investors virtually poured money into the company. Then, Northvolt’s production plan began to fall apart, and people working at its main plant mysteriously started to die.