T&E: two-thirds of European battery production at risk as companies weigh investing in US instead
Green Car Congress
MARCH 7, 2023
A green industrial policy focused on batteries with EU-wide support for scaling up production is urgently needed to react to US subsidies and China’s years of dominance. There is a medium risk to Northvolt’s planned gigafactory in Heide, Germany, as the company has only secured part of the funding and has not started construction.
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