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Probably need government support to bootstrap all that.
by stuaxo 2y ago
Probably need government support to bootstrap all that.
- mikae1 2y agoSwedish tax payers have already payed 88 billion SEK in support. https://www.breakit.se/artikel/39737/skattebetalarna-star-for-88-miljarder-av-northvolts-pengar-nu-vacks-kritik https://www.breakit.se/artikel/39737/skattebetalarna-star-fo...
- kaffekaka 2y agoThe article says that 50B of those 88B are from Canada and Germany.
- mikae1 2y agoOh damn... Sorry Canadians and Germans.
- 0points 2y agoTruly a joint fuckupery worse than the Nuon scandal or the Nya Karolinska hospital construction scandal. When I was born, Sweden had a state fund to last for another 200+ years of running the country. Today, Sweden has no fund left and is quickly accumulating debt.
- belorn 2y agoThey were offered government loans, but they did not accept it. The government has also said that direct subsidizes are not on the table since they already gotten enough. Applying more subsidizes will decrease trust people have in the venture and increase the view that falling prices in batteries are from subsidies rather than advances in technology.