161. Northvolt - Epitaph

161. Northvolt - Epitaph

Northvolt, once the poster child of the European battery industry, shocked the world last month by filling for Chapter 11 in the United States.
The Swedish battery start-up burned through billions of euros in capital from investors such as Volkswagen, Goldman Sachs, and others, with little to show for it. Laurent and Gerard conduct a postmortem on this debacle of epic proportions.
With access to confidential sources within the company and its supply chain, they arrived at the same conclusions as Robin Zheng, CEO of CATL—the world’s leading battery manufacturer—who stated: “They have the wrong design, the wrong process, and the wrong equipment. How can they scale up? So almost all mistakes together.”
The root causes of Northvolt’s failure? Hubris and culture. What’s next for the European battery industry? It’s time to face reality: partner with the best or risk failure.
Northvolt’s collapse is a tragedy for its believers and a costly loss for investors. However, the industry continues to grow at a breakneck pace, and with pragmatism, there is a path forward.

Episoder(179)

156. Zeroing in on Electrification with Eurelectric

156. Zeroing in on Electrification with Eurelectric

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155. VPP & DER - Oct24

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154. The people driving the EV revolution

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While Gerard is doing his rock star concert at TedTalk Berlin, Laurent has invited an old friend, Roger Atkins, Top Voice on EVs to discuss the people behind the EV revolution.  Roger has a 40 year ca...

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153. The Battery-coaster - Oct24

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The battery infrastructure is currently growing 3x faster than the solar industry. Records are beaten daily: in August 2024, for the first time, Chinese battery factories passed the 100GWh production ...

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152. Energy Transition – the Global Investment Guide

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Gerard is live on the Wisdom Tree Commodity Exchange podcast and delivers a masterclass on how to invest in the Energy Transition: Renewables, Equity, Innovation, Commodities.  -----Laurent will be ke...

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151. Peak Fossil Fuels - Sep24

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ExxonMobil forecasts 2050 Oil demand be the same as today. We believe that they are just “talking their books.”To discuss the future of the Energy system as well as the fight against Climate Change, w...

23 Sep 202425min

150. The new Valuation of Wind Assets

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16 Sep 202413min

149. Hydropower in a 24/7 Clean Energy System - Sep24

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As wind and solar become ubiquitous, the value of hydropower goes up. Hydropower is becoming the ultimate clean energy, as it is flexible and easily dispatchable.Hydropower is concentrated in certain ...

9 Sep 202430min

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