Can You Invest in Northvolt? Here's What You Need to Know

By Matthew DiLallo – Updated Nov 20, 2025 at 3:57 PM | Fact-checked by Margo Winton Parodi

Key Points

Northvolt, a Swedish EV battery maker founded by ex-Tesla executives, filed for bankruptcy in 2025.
Investors cannot buy Northvolt stock but can consider shares in Tesla, BYD, or QuantumScape.
Consider Global X Lithium & Battery Tech ETF for diversified investment in battery tech.

Northvolt was founded in 2017 by two former Tesla (TSLA -0.19%) executives. The Swedish company quickly became one of Europe's top battery makers for electric vehicles (EVs).

A person plugging in an EV to recharge the battery. — Image source: Getty Images.

Northvolt was backed by several of Europe's biggest automakers and some of Wall Street's most notable names. They provided the initial funding to build out the company's manufacturing sites. It had grand plans to build more battery manufacturing plants and recycling facilities over the coming years.

Northvolt was hoping to tap the public markets for additional funding by completing an initial public offering (IPO), which could have been one of Europe's biggest IPOs in recent years. Many investors were getting charged up about its potential blockbuster IPO.

But it seems that Northvolt stock was not meant to be. In March of 2025, the company filed for bankruptcy in Sweden.

IPO

IPO (Initial Public Offering) is the first sale of stock by a private company to the public, making it a publicly traded entity.

Loading paragraph...

Related investing topics

Investing in Electric Vehicle (EV) Battery Stocks

An in-depth look at the seven best electric vehicle (EV) battery stocks in the U.S. stock market this year.

Investing in Lithium & Battery Tech ETFs

Learn about ETFs that provide investments in top lithium and battery technology for the electric vehicle industry.

Investing in Quantum Glass Battery Stocks

Batteries are essential for the energy transition. Quantum glass battery companies may make a rocky road much smoother.

Investing in Electric Vehicle (EV) Battery Stocks

An in-depth look at the seven best electric vehicle (EV) battery stocks in the U.S. stock market this year.

About the Author

Matt DiLallo has been a contributing Motley Fool stock market analyst specializing in covering dividend-paying companies, particularly in the energy and REIT sectors, since 2012. He also covers pre-IPO companies, ETFs, and other investing topics. He holds an MBA from Liberty University.

TMFmd19

@MatthewDiLallo

Matt DiLallo has positions in BHP Group, Berkshire Hathaway, and Tesla. The Motley Fool has positions in and recommends Berkshire Hathaway, Goldman Sachs Group, and Tesla. The Motley Fool recommends BHP Group. The Motley Fool has a disclosure policy.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services

Tesla

Northvolt's founders left Tesla to build an electric battery company that could challenge their dominant former employer. Tesla is a leader in the space, building batteries for EVs and energy storage (Powerwall). It's also a leading EV maker and solar panel maker.

Tesla is investing heavily in building additional battery manufacturing capacity in the U.S. and Europe. It's also investing in innovation to build better batteries at lower costs.

BYD

China's BYD (OTC:BYDDF) is one of the world's leading producers of rechargeable batteries. BYD is an integrated company that also manufactures and sells hybrid and battery-powered cars, buses, trucks, and monorails. The company also had a very notable investor: Warren Buffett. His company, Berkshire Hathaway (BRK.A -0.14%)(BRK.B -0.37%), invested in BYD for 17 years before selling its last shares in late 2025. Over that time, the investment grew more than 20 fold.

QuantumScape

QuantumScape (QS +3.75%) has worked to develop a better battery for more than a decade. It built a technology that makes batteries safer while charging faster and lasting longer than traditional lithium-ion batteries. The company started shipping its first prototype cells to customers at the end of 2022. It has since started developing its first commercial product, QSE-5.

How to buy stocks similar to Northvolt

Those who want to invest in one of these Northvolt alternatives can purchase shares in any brokerage account. Here's a step-by-step guide on how to invest in stocks.

Open your brokerage account: Log in to your brokerage account where you handle your investments.
Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
Submit your order: Confirm the details and submit your buy order.
Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.

Can You Invest in Northvolt? Here's What You Need to Know

Key Points

IPO

Related investing topics