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There’s the former darling Northvolt. Took a lot of state money and then imploded https://www.theguardian.com/business/2025/mar/12/ev-battery-startup-northvolt-

• slavik81 9mo ago
  The comments on Reddit from folks who claim to have worked for Northvolt are pretty wild. I would take them with a grain of salt, but they're interesting to read. https://www.reddit.com/r/electricvehicles/comments/1fl8d4y/comment/lzjsaeh/ https://www.reddit.com/r/electricvehicles/comments/1fl8d4y/c...
• xorcist 9mo ago
  Some people like to say they did, but when you look at the money it was almost all private capital, from big banks and large infrastructure and private pension funds. That does not make the investment any better. Private capital can be misallocated too.