Norwegian battery firm goes bankrupt in latest blow to Europe's gigafactory dreams
6 maj 2026
21:38
In 2024, Morrow Batteries opened Europe's first gigawatt-scale lithium iron phosphate (LFP) battery factory in Arendal, Norway.
Now, the company has collapsed after failing to secure a new industrial investor, as European battery makers continue to struggle to compete on cost.
Now, the company has collapsed after failing to secure a new industrial investor, as European battery makers continue to struggle to compete on cost.
Another European battery startup has gone under.
Morrow Batteries, a Norwegian manufacturer of lithium iron phosphate battery cells, filed for bankruptcy on 6 May after its board concluded it could no longer sustain operations.