{"id":143385,"date":"2023-12-04T11:56:30","date_gmt":"2023-12-04T10:56:30","guid":{"rendered":"https:\/\/newmobility.news\/?p=143385"},"modified":"2023-12-04T11:56:30","modified_gmt":"2023-12-04T10:56:30","slug":"germany-lends-northvolts-drei-gigafactory-massive-subsidies","status":"publish","type":"post","link":"https:\/\/newmobility.news\/en\/2023\/12\/04\/germany-lends-northvolts-drei-gigafactory-massive-subsidies\/","title":{"rendered":"Germany lends Northvolt’s Drei gigafactory massive subsidies"},"content":{"rendered":"

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 \u20ac560 million. This announcement comes just weeks after the German government froze spending in the sector after a court ruling.<\/p>

The subsidies, totaling around \u20ac700 million, will be distributed over several years. The breakdown includes \u20ac564 million from the federal government and an additional \u20ac136 million from the regional government of Schleswig-Holstein. These funds are crucial for Northvolt's planned battery factory near Heide, which entails a substantial investment of \u20ac4,5 billion and is expected to generate 3 000 jobs.<\/p>

This content has been archived. Log in or Subscribe<\/a> to a level that has access to archived content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"

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 \u20ac560 million. This announcement comes just weeks after the German government froze spending in the sector after a court ruling.The subsidies, totaling around \u20ac700 million, will be distributed over several years. […]<\/p>\n","protected":false},"author":715,"featured_media":143388,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[2043,16,4],"tags":[],"class_list":["post-143385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-industry","category-top-stories-today"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/12\/northvolt-2022-01-min.png?fit=1500%2C750&ssl=1",1500,750,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/12\/northvolt-2022-01-min.png?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/12\/northvolt-2022-01-min.png?fit=300%2C150&ssl=1",300,150,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/12\/northvolt-2022-01-min.png?fit=640%2C320&ssl=1",640,320,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/12\/northvolt-2022-01-min.png?fit=640%2C320&ssl=1",640,320,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/12\/northvolt-2022-01-min.png?fit=1500%2C750&ssl=1",1500,750,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/12\/northvolt-2022-01-min.png?fit=1500%2C750&ssl=1",1500,750,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/12\/northvolt-2022-01-min.png?fit=18%2C9&ssl=1",18,9,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/12\/northvolt-2022-01-min.png?resize=640%2C480&ssl=1",640,480,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/12\/northvolt-2022-01-min.png?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/12\/northvolt-2022-01-min.png?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/12\/northvolt-2022-01-min.png?resize=600%2C600&ssl=1",600,600,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/12\/northvolt-2022-01-min.png?fit=560%2C280&ssl=1",560,280,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/12\/northvolt-2022-01-min.png?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/12\/northvolt-2022-01-min.png?resize=1500%2C240&ssl=1",1500,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/12\/northvolt-2022-01-min.png?resize=1500%2C180&ssl=1",1500,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/12\/northvolt-2022-01-min.png?resize=1500%2C180&ssl=1",1500,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/12\/northvolt-2022-01-min.png?resize=1080%2C168&ssl=1",1080,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/12\/northvolt-2022-01-min.png?resize=1500%2C180&ssl=1",1500,180,true]},"post_excerpt_stackable_v2":"

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 \u20ac560 million. This announcement comes just weeks after the German government froze spending in the sector after a court ruling.The subsidies, totaling around \u20ac700 million, will be distributed over several years. The breakdown includes \u20ac564 million from the federal government and an additional \u20ac136 million from the regional government of Schleswig-Holstein. These funds are crucial for Northvolt’s planned battery factory near Heide, which entails a substantial investment of \u20ac4,5 billion and is expected to generate 3…<\/p>\n","category_list_v2":"Energy<\/a>, Industry<\/a>, Top Stories Today<\/a>","author_info_v2":{"name":"Piet Andries","url":"https:\/\/newmobility.news\/en\/author\/piet-andriesgmail-com\/"},"comments_num_v2":"0 comments","yoast_head":"\nGermany lends Northvolt's Drei gigafactory massive subsidies - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2023\/12\/04\/germany-lends-northvolts-drei-gigafactory-massive-subsidies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Germany lends Northvolt's Drei gigafactory massive subsidies - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"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 \u20ac560 million. This announcement comes just weeks after the German government froze spending in the sector after a court ruling.The subsidies, totaling around \u20ac700 million, will be distributed over several years. 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