• poVoqM
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    31 day ago

    And the other context is that there are quite credible rumors of sabotage by Chinese equipment suppliers, making this takeover by a majority Chinese owned company more than a little suspicious.

    But IMHO is was stupid by Northvolt to just try to import Chinese battery-tech, and I think the states that provided subsidies for that will have some very hard lessons learned from getting played like that.

    • Riddick3001OP
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      21 day ago

      making this takeover by a majority Chinese owned company more than a little suspicious.

      Tnx for reminder, hadn’t thought of that context. And , agreed 100%.

      “think the states that provided subsidies”

      I hope so. Afaik, the EU has provided subsidies for (some) Chinese European cooperations in the past.