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Preview data: all rankings, scores, votes, refresh labels, methodology, testing and editorial-process statements in Top 49 are illustrative demo content, not live measurements or documented reviews.
Rank 033Up 3Editor’s pick
#3 in Biggest Movers
of 16 ranked entries
Northvolt
Swedish EV battery maker · filed for bankruptcy, November 2024
Once positioned as Europe’s best hope for a homegrown battery-manufacturing champion and backed by billions from investors including Volkswagen and Goldman Sachs, Northvolt filed for Chapter 11 bankruptcy protection after production delays and quality problems it was never able to fully resolve. Recorded specifics: category Cars & mobility, rank change -33, home rank 42. Panel highlighted attracted genuinely significant institutional investment, reflecting real early confidence in a European battery-manufacturing champion and built one of the only large-scale lithium-ion gigafactories in Europe, a manufacturing capability gap it was trying to close. The reservation on record is filed for bankruptcy protection after persistent production delays and quality-control problems it could not resolve at scale and its collapse has renewed doubts about Europe’s ability to build a competitive domestic battery-manufacturing base.
Cars & mobilityBusiness & industry
Score breakdown
How Northvolt earned 93.5
Each criterion is scored independently, then combined using the weights published on Biggest Movers.
- Magnitude of movementweight 30%
- 92.8
- Clarity of causeweight 25%
- 91.4
- Real-world consequenceweight 25%
- 95.7
- Durability of the new positionweight 20%
- 94.2
On the record
Recorded detail
| Category | Cars & mobility |
|---|---|
| Rank change | -33 |
| Home rank | 42 |
| Momentum | 2.4 |
Panel verdict
Strengths and reservations
What it gets right
- Attracted genuinely significant institutional investment, reflecting real early confidence in a European battery-manufacturing champion
- Built one of the only large-scale lithium-ion gigafactories in Europe, a manufacturing capability gap it was trying to close
Where it gives ground
- Filed for bankruptcy protection after persistent production delays and quality-control problems it could not resolve at scale
- Its collapse has renewed doubts about Europe’s ability to build a competitive domestic battery-manufacturing base
1 appearance
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