Northvolt’s bankruptcy administrator about selling the factory: 'It gets harder with each passing day'

Mikael Kubu, responsible for selling the Swedish bankrupted battery factory Northvolt. Photo: press/TT.
6 Jun 2025
08:29
Swedish battery manufacturer Northvolt, once hailed as a flagship of Europe’s green tech ambitions, is facing mounting difficulties. After announcing the closure of its production facility, the company is now struggling to attract a new buyer.

"There’s still some interest, but it’s getting harder with each passing day," Mikael Kubu, the bankruptcy administrator overseeing the case, tells Impact Loop.

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