Representatives from Bosch and Mercedes-Benz have reportedly visited Northvolt’s battery factory in Skellefteå, Sweden, according to local media, though none of the parties have confirmed any discussions or deals. A private jet linked to Bosch subsidiary Scintilla was observed at a nearby airport on Friday, adding to speculation surrounding a potential acquisition or partnership.
Swedish outlet Norran cited an anonymous Northvolt employee who claimed that management referred to a visit from a “very interesting player” at the factory last week, but declined to identify the visitor. Flight tracking data indicated a jet from Stuttgart — the home base of both Bosch and Mercedes-Benz — was on the ground at Skellefteå airport from 9:17 a.m. to 5:53 p.m. on the same day.
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Northvolt declined to confirm the reports. “Generally, if there is a visit here, it’s not something we discuss publicly,” a spokesperson told Norran. Bosch’s Nordic head of communications, Lotta Törnberg, similarly avoided specifics, stating: “We request your understanding that, due to the volume of routes, potential alterations, and security protocols, we generally do not disclose specifics regarding past, present or future flights.”
Mercedes-Benz also denied interest in acquiring Northvolt. “The speculation that we are interested in buying Northvolt is without merit,” a company spokesperson said.
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Bosch had previously ruled out entering battery cell production in 2018, focusing instead on manufacturing battery system components. However, recent shifts in market dynamics and changes in Bosch’s executive leadership have prompted speculation about renewed interest in the sector.
Mercedes-Benz currently holds a stake in rival battery firm Automotive Cells Company (ACC), and recently launched its new CLA model featuring a prismatic cell battery—similar to those produced by Northvolt. Despite the overlap, multiple companies manufacture prismatic cells, making a direct link uncertain.
Northvolt filed for bankruptcy in Sweden on March 12 and remains under restructuring. The company continues limited operations at its Skellefteå factory. “Despite major staff cutbacks, it is positive that operations can continue to some extent, which is likely crucial for selling the business, either in full or in part,” said administrator Mikael Kubu earlier this month.
See also: Northvolt Sells Industrial Battery Unit to Scania as Restructuring Continues
Northvolt’s financial difficulties began in 2024, following underwhelming production figures, the cancellation of a billion-euro order from shareholder BMW, and struggles to secure additional funding. The company has since sold subsidiaries, including its module production arm, to customers like Scania.
Meanwhile, Northvolt’s German operations remain active, with construction of the state-subsidised Northvolt Drei battery plant beginning in March. The German unit has not been included in current bankruptcy proceedings, though its long-term status remains uncertain.