Swedish Premier Says Northvolt Teaches Lessons to Europe

Sweden’s Prime Minister Ulf Kristersson said there needs to be a rethink of how governments and private enterprise in Europe work together in the wake of the collapse of battery maker Northvolt AB.

Speaking in an interview on Bloomberg TV at the World Economic Forum in Davos on Wednesday, Kristersson said that “if other countries are doing more in terms of government intervention, then we need to think through how we combine government resources and private resources in the best way.”

Northvolt was seen as Europe’s answer to a home-grown supplier of batteries in response ...