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Hundreds Of Millions In Subsidies For German Gigafactory In Jeopardy As Northvolt Files Chapter 11

Hundreds Of Millions In Subsidies For German Gigafactory In Jeopardy As Northvolt Files Chapter 11

By on 8. December 2024

All that glisters green is not gold… The electric car market is reeling in Europe…Germany’s electric car ambitions have taken another body blow as Swedish Northvolt declares bankruptcy in USA. The massively taxpayer-subsidized gigafactory now under construction in Heide is in jeopardy and becoming a huge embarrassment for Germany’s Socialist-Green government.  Press image Northvolt Northvolt, […]

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