Northvolt Bankruptcy Turns Europe's EV Dream into NIGHTMARE скачать в хорошем качестве

Northvolt Bankruptcy Turns Europe's EV Dream into NIGHTMARE

Northvolt Bankruptcy Turns Europe's EV Dream into NIGHTMARE Northvolt, a Swedish battery manufacturer once hailed as Europe’s hope in the global battery and electric vehicle race has filed for Chapter 11 bankruptcy in the U.S., marking a devastating failure for Europe’s new energy ambitions. Over eight years, the company burned through $15 billion, plagued by poor site selection, management deficiencies, safety issues, and overexpansion. Its factory near the Arctic Circle produced only 0.05% of its 16 GWh target, while worker safety concerns added to its challenges. Despite $55 billion in orders from major automakers like Volkswagen and BMW, Northvolt failed to meet expectations, with major investors pulling out. This collapse not only reflects Northvolt’s mismanagement but also highlights Europe’s struggle to compete with Asian battery giants. It serves as a wake-up call for Europe to reassess its strategy in the global energy transition. #ev #electricvehicle #battery #northvolt #renewableenergy #europe #manufacturing #eu #lithiumbattery Chapters: 0:00 Reasons Behind Northvolt’s Failure 1:57 How Did Northvolt Secure Such Massive Investments? 3:21 A "Brilliant" but Flawed Vision 4:32 Challenges of Remote Manufacturing 5:31 Operational Failures and Safety Issues 6:38 Misplaced Priorities