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toenail 15 hours ago

The promise that needed 1 billion in subsidies to build a new plant? As soon as the government got involved it was clear they couldn't be profitable on their own.

riffraff 15 hours ago | parent | next [-]

Tesla got a ton of government subsidies, but is successful, there is no causal relation between the two things.

tim333 5 hours ago | parent | next [-]

Tesla I think proved it was competent at making stuff before getting much subsidy. Northvolt seems to have got it up from without much battery making.

toenail 15 hours ago | parent | prev [-]

Tesla is still getting tons of subsidies, directly and indirectly. We'll see if they are successful once that stops.

vardump 14 hours ago | parent [-]

So does the whole car industry. Directly or indirectly.

The industry as a whole is nowhere near paying for its true health and environmental damage.

atwrk 14 hours ago | parent | prev [-]

Have you seen China? Northvolts demise is completely orthogonal to the concept of subsidies.