People keep repeating this as if it was true. The Chinese and American battery manufacturers have received enormous subsidies. This factory is mostly financed on the private market, and some bonds from the EU investment bank, but comparably less.

That hasn't helped. Subsidized competitors are hard to compete against.

The German factory have indeed received some government subsidies. But that is not the factory with problems (at least not yet).

>The Chinese and American battery manufacturers have received enormous subsidies.

Nobody said subsidies are THE problem. The problem is the taxpayer being burdened with the losses while footing the bill for those subsidies, when they should be seeing a return on their investment, while the only ones who saw that were the fat cats.

I'm sick and tied of the race to the bottom without any accountability of "hey look, China is giving billions of state subsidies, so that means we should too".