{"id":105773,"date":"2025-03-13T09:47:20","date_gmt":"2025-03-13T09:47:20","guid":{"rendered":"https:\/\/teknomers.com\/en\/the-swedish-has-sinned-by-excessive-ambition-and-lack-of-industrial-efficiency\/"},"modified":"2025-03-13T09:47:21","modified_gmt":"2025-03-13T09:47:21","slug":"the-swedish-has-sinned-by-excessive-ambition-and-lack-of-industrial-efficiency","status":"publish","type":"post","link":"https:\/\/teknomers.com\/en\/the-swedish-has-sinned-by-excessive-ambition-and-lack-of-industrial-efficiency\/","title":{"rendered":"&#8220;The Swedish has sinned by excessive ambition and lack of industrial efficiency&#8221;"},"content":{"rendered":"<p><\/p>\n<div id=\"\">\n<figure class=\"article__media\"> <picture class=\"article__media\"><source srcset=\" https:\/\/img.lemde.fr\/2025\/03\/13\/0\/0\/5301\/3531\/556\/0\/75\/0\/d58b6a8_sirius-fs-upload-1-06ftewdjk4by-1741856142530-061705.jpg 556w, https:\/\/img.lemde.fr\/2025\/03\/13\/0\/0\/5301\/3531\/600\/0\/75\/0\/d58b6a8_sirius-fs-upload-1-06ftewdjk4by-1741856142530-061705.jpg 600w, https:\/\/img.lemde.fr\/2025\/03\/13\/0\/0\/5301\/3531\/664\/0\/75\/0\/d58b6a8_sirius-fs-upload-1-06ftewdjk4by-1741856142530-061705.jpg 664w, https:\/\/img.lemde.fr\/2025\/03\/13\/0\/0\/5301\/3531\/700\/0\/75\/0\/d58b6a8_sirius-fs-upload-1-06ftewdjk4by-1741856142530-061705.jpg 700w, https:\/\/img.lemde.fr\/2025\/03\/13\/0\/0\/5301\/3531\/800\/0\/75\/0\/d58b6a8_sirius-fs-upload-1-06ftewdjk4by-1741856142530-061705.jpg 800w\" sizes=\"(min-width: 1024px) 556px, 100vw\" alt=\"L\u2019usine Northvolt, \u00e0 Skelleftea, en Su\u00e8de, le 23\u00a0f\u00e9vrier\u00a02022.\" width=\"664\" height=\"443\"><\/source><\/picture> <noscript> <img decoding=\"async\" src=\"https:\/\/img.lemde.fr\/2025\/03\/13\/0\/0\/5301\/3531\/664\/0\/75\/0\/d58b6a8_sirius-fs-upload-1-06ftewdjk4by-1741856142530-061705.jpg\" alt=\"The Northvolt factory, in Skelleftea, Sweden, February 23, 2022.\"\/> <\/noscript><figcaption class=\"article__legend\" aria-hidden=\"true\">The Northvolt factory, in Skelleftea, Sweden, February 23, 2022.  <span class=\"article__credit\" aria-hidden=\"true\">Jonathan Nackstrand \/ AFP<\/span>  <\/figcaption><\/figure>\n<p class=\"article__paragraph \"><span class=\"article__inner\">Q<\/span>Uand Britishvolt collapsed in 2023, Northvolt was shown as the model to follow, the best European chance to build a battery industrialist for electric vehicle likely to compete with Chinese and South Korean producers. But, in turn, the Swedish declared himself bankrupt Wednesday, March 12.<\/p>\n<section class=\"catcher catcher--favoris\">\n<div class=\"catcher__content\"><span class=\"catcher__title catcher__title--hide\">Read also |<\/span><span class=\"catcher__desc\">  <span class=\"icon__premium\"><span class=\"sr-only\">Article reserved for our subscribers<\/span><\/span>    The French battery sector for electric vehicles is trying to cross the &#8220;Death Valley&#8221; <\/span> <\/div>\n<p> <button class=\"lmd-btn-icon lmd-btn-icon--primary lmd-btn-icon--m js-lmd-dropdown-favorite-toggler\" aria-expanded=\"false\" aria-haspopup=\"true\" aria-controls=\"lmd-dropdown-favorite\" aria-label=\"Lire plus tard\" data-article-id=\"3401770\" data-position=\"lire aussi\" data-url=\"https:\/\/www.lemonde.fr\/economie\/article\/2024\/12\/10\/la-filiere-francaise-de-la-batterie-tente-de-traverser-la-vallee-de-la-mort_6440100_3234.html\" data-status=\"\"> <span class=\"icon__favorites\"\/> <span class=\"js-btn-icon-tooltip\" aria-hidden=\"true\">Read later<\/span> <\/button> <\/p>\n<\/section>\n<p class=\"article__paragraph \">The firm was placed, in November 2024, under the American bankruptcy protection regime, hoping to find a lifeline. But, despite the<em>&#8221; interest &#8220;<\/em> partners and investors, <em>&#8220;The company was unable to conclude agreements&#8221;<\/em> necessary for his survival, underlines Northvolt.<\/p>\n<p class=\"article__paragraph \">The defeat is bitter. It is not for lack of means. Since its creation, in 2016, the project had attracted more than 13 billion euros in capital, loans and subsidies. The European Investment Bank, the German government, not to mention Quebec, had supported, in addition to its main shareholders, Volkswagen and Goldman Sachs.<\/p>\n<h2 class=\"article__sub-title\">&#8220;Advance towards an&#8221; battery airbus &#8220;&#8221;<\/h2>\n<p class=\"article__paragraph \">But Northvolt has sinned by excessive ambition and lack of industrial efficiency. Delays and additional costs in the rise of its gigafactory of Skelleftea, in the north of Sweden, ended up scareing off orders and, ultimately, investors, even though the duriest seemed to be made.<\/p>\n<p class=\"reading-mode-only \"><strong>You have 39.94% of this article to read. The rest is reserved for subscribers.<\/strong><\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/teknomers.com\/en\">Tm-En-1<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Northvolt factory, in Skelleftea, Sweden, February 23, 2022. Jonathan Nackstrand \/ AFP QUand Britishvolt collapsed in 2023, Northvolt was shown as the model to follow, the best European chance to build a battery industrialist for electric vehicle likely to compete with Chinese and South Korean producers. But, in turn, the Swedish declared himself bankrupt [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":105774,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[4429,7957,6736,798,2259,23513,1366],"class_list":["post-105773","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-ambition","tag-efficiency","tag-excessive","tag-industrial","tag-lack","tag-sinned","tag-swedish"],"_links":{"self":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/105773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/comments?post=105773"}],"version-history":[{"count":0,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/105773\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media\/105774"}],"wp:attachment":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media?parent=105773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/categories?post=105773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/tags?post=105773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}