Charles Daly

Stay informed with Charles Daly’s coverage and analysis.

SAN JOSE, CALIFORNIA – MARCH 18: Nvidia CEO Jensen Huang delivers the keynote address during the Nvidia GTC 2025 at SAP Center on March 18, 2025 in San Jose, California. The annual Nvidia GTC conference runs through March 20th. (Photo by Justin Sullivan/Getty Images)

Nvidia and Wallenberg businesses starting AI venture in Sweden

By Charles Daly and Bloomberg

LOHE-RICKELSHOF, GERMANY – MARCH 25: Two employees in bright yellow jackets are walking at the ground-breaking for the new Northvolt Gigafactory electric car battery factory on March 25, 2024 in Lohe-Rickelshof, Germany. The factory, dubbed Northvolt Drei, will be powered by renewable energy and will eventually produce one million electric car batteries per year. (Photo by Gregor Fischer/Getty Images)

Northvolt cuts workforce to 1,700 as part of bankruptcy process

By Charles Daly and Bloomberg

BUDAPEST, HUNGARY – NOVEMBER 7: Prime Minister of Sweden Ulf Kristersson arrives for the European Political Community summit at Puskas Arena on November 7, 2024 in Budapest, Hungary. This is the fifth meeting of the EPC, which was created in 2022 and brings together leaders from the 27 European Union countries and 20 others. (Photo by Janos Kummer/Getty Images)

Sweden may have to build up its defense force, Premier says

By Charles Daly and Bloomberg

Sebastian Siemiatkowski, chief executive officer and co-founder of Klarna AB, reacts at the Symposium Stockholm ‘Brilliant Minds’ technology and music conference in Stockholm, Sweden, on Thursday, June 9, 2016. Alphabet Inc. Chairman Eric Schmidt said European governments should spend less time “arguing about zero sum games” and trying to protect domestic industries from U.S. technology competitors, and do more to promote entrepreneurs and expand the economy. Photographer: Johan Jeppsson/Bloomberg via Getty Images

Klarna readies U.S. IPO with valuation recovering from plunge

By Charles Daly and Bloomberg

HEDWIGENKOOG, GERMANY – MARCH 25: Northvolt CEO Peter Mikael Carlsson is attending a press event prior to the ground-breaking for the new Northvolt Gigafactory electric car battery factory on March 25, 2024 in Hedwigenkoog, Germany. The factory, dubbed Northvolt Drei, will be powered by renewable energy and will eventually produce one million electric car batteries per year. (Photo by Gregor Fischer/Getty Images)

How Europe’s big hope in EV batteries came unstuck

By Charles Daly and Bloomberg

LOHE-RICKELSHOF, GERMANY – MARCH 25: Two employees in bright yellow jackets are walking at the ground-breaking for the new Northvolt Gigafactory electric car battery factory on March 25, 2024 in Lohe-Rickelshof, Germany. The factory, dubbed Northvolt Drei, will be powered by renewable energy and will eventually produce one million electric car batteries per year. (Photo by Gregor Fischer/Getty Images)

Northvolt unit files for bankruptcy as expansion plans halt

By Charles Daly, Rafaela Lindeberg, and others

27 June 2024, Schleswig-Holstein, Lohe-Rickelshof: Employees of the State Archaeological Office have hung pictures of finds from a construction trailer during a main archaeological investigation on the Northvolt site. According to the state office, the extremely high density and quality of the finds as well as the exceptionally good preservation conditions on an area of this size are unique in Schleswig-Holstein. Photo: Axel Heimken/dpa (Photo by Axel Heimken/picture alliance via Getty Images)

Sweden’s Northvolt cuts 1,600 jobs amid EV slowdown

By Charles Daly and Bloomberg

Sebastian Siemiatkowski, chief executive officer of Klarna Holding AB, at IFGS 2022 summit at the Guildhall in London, U.K., on Monday, April 4, 2022. Innovate Finance’s summit — part of U.K. Fintech Week — aims to showcase Britain’s financial technology sector and its global ambitions. Photographer: Chris Ratcliffe/Bloomberg via Getty Images

‘Tone deaf’ or a big help? Klarna CEO sparks heated debate after posting a list of laid-off employees

By Charles Daly and Bloomberg

A Volvo AB XC40 electric sports utility vehicle (SUV) displayed during the Electrify Expo in Irvine, California, U.S., on Saturday, Sept. 18, 2021. Electrify Expo is North America’s largest e-mobility festival that gathers the world’s top electric vehicle (EV) manufacturers. Photographer: Jill Connelly/Bloomberg via Getty Images

Volvo announces $2.9 billion IPO as it looks to fund shift to electric cars and catch up with Tesla

By Charles Daly, Rafaela Lindeberg, and others

STOCKHOLM, SWEDEN – SEPTEMBER 08: King Carl XVI Gustaf and Queen Silvia of Sweden attend a church service at Stockholm Cathedral in connection with the opening of the Swedish Parliament for the fall session on September 8, 2020 in Stockholm, Sweden. (Photo by Michael Campanella/Getty Images)

Sweden’s response to the COVID-19 pandemic has been a failure, says the King of Sweden

By Niclas Rolander, Charles Daly, and others

Sweden’s state epidemiologist Anders Tegnell of the Public Health Agency of Sweden addresses a news conference updating on the coronavirus pandemic (Covid-19) situation, in Stockholm, Sweden, on October 29, 2020. (Photo by Anders WIKLUND / TT News Agency / AFP) / Sweden OUT (Photo by ANDERS WIKLUND/TT News Agency/AFP via Getty Images)

Public confidence in Sweden’s controversial COVID-response architect ‘in a downward spiral’

By Rafaela Lindeberg, Charles Daly, and others

The Drottninggatan shopping street in the city center of in Stockholm, Sweden, on Wednesday, Nov. 11, 2020. The resurgence of COVID-19 across Europe has caught the region off guard after a summer that left many countries assuming they’d brought the virus under control.

Sweden imposes partial lockdown on bars and restaurants for the first time since pandemic started

By Charles Daly and Bloomberg

SWEDEN-HEALTH-VIRUS

WHO official praises Sweden’s COVID-19 response despite higher death rate

By Charles Daly and Bloomberg

State Epidemiologist Anders Tegnell (C) of the Swedish Public Health Agency says masks are not the answer to fighting COVID-19 outbreaks as the country shows big improvements in infection rates since early June.

‘We see no point in wearing a face mask,’ Sweden’s top virus expert says as he touts the country’s improving COVID numbers

By Charles Daly and Bloomberg

As a deadly second wave grips the country, exhausted front line workers are quitting in worrying numbers. Wire photography: Mikael Sjoberg—Bloomberg via Getty Images

Sweden’s top epidemiologist at a loss to explain why herd immunity is going ‘surprisingly slow’

By Niclas Rolander, Charles Daly, and others