Germany lends Northvolt’s Drei gigafactory massive subsidies
Northvolt’s plan is to have the German Drei factory operational by 2026 /Northvolt
In a surprising move, the German government has given the green light to subsidize Sweden's Northvolt battery plant Drei in northwest Germany with over €560 million. This announcement comes just weeks after the German government froze spending in the sector after a court ruling.
The subsidies, to
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