No Government Bailout for Northvolt, Says Swedish Prime Minister

Northvolt will need to figure its future out on its own, it appears. Swedish Prime Minister Ulf Kristersson said that the government will not acquire a stake in the battery maker. Kristersson’s comments follow Northvolt’s recent decision to reduce operations and cut jobs, raising concerns about Europe’s domestic electric vehicle battery industry. The Prime Minister … Continue reading No Government Bailout for Northvolt, Says Swedish Prime Minister