Energy crisis: Northvolt threatens to move its battery factory to the United States

The second wind of the energy crisis begins to hit European industry. For the past three months, announcements of dormant or shutdown factories have been spread every week due to excessive gas or electricity prices. Now it comes to projects for new factories that are being canceled or suspended.

On Saturday, Swedish electric battery maker Northvolt said it was considering moving its giant factory project from Germany to the United States. His manager Peter Carlsson in an interview with the “Frankfurter Allgemeine Zeitung” did not hide his gaze on the most attractive prices and subsidies on the other side of the Atlantic.