The European Globalisation Adjustment Fund (EGF) provides support to 6,486 workers laid off by the bankrupt battery manufacturer Northvolt in Sweden. The aim is to facilitate their rapid reintegration into the labour market through tailored measures such as coaching, training, and start-up assistance. The insolvency stems from global competition, particularly from subsidised Chinese battery producers. The EU is allocating 8.5 million euros to stabilise the regional economy in northern Sweden and retain skilled workers. Politically, the measure seeks to strengthen Europe’s strategic autonomy in the battery sector and advance the green transition.