Interesting Global [email protected]English • 1 month ago

Northvolt collapse leaves EU taxpayer on the hook for €293m

www.euronews.com

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Northvolt collapse leaves EU taxpayer on the hook for €293m

www.euronews.com

Interesting Global [email protected]English • 1 month ago

2

cross-posted to:
[email protected]

The Swedish battery maker filed for bankruptcy last week, dashing ambitions for the European electric vehicles sector – and leaving significant EU loans outstanding

Archived version: https://web.archive.org/web/20241125225743/https://www.euronews.com/my-europe/2024/11/25/northvolt-electric-car-battery-collapse-leaves-eu-taxpayer-on-the-hook-293m-budget-eib

SpinScore: https://spinscore.io/?url=https%3A%2F%2Fwww.euronews.com%2Fmy-europe%2F2024%2F11%2F25%2Fnorthvolt-electric-car-battery-collapse-leaves-eu-taxpayer-on-the-hook-293m-budget-eib

Chat

@reddig33
link
4•1 month ago
It is bizarre to me how many solar and EV-related companies have gone bankrupt considering the demand.
- @[email protected]
  link
  fedilink
  3•1 month ago
  China is pumping up the sector. The level of competition is nuts. At the same time demand is lower than before…

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