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De-industrializing Europe; lithium battery factories relocating to US

Al Mayadeen English

Source: POLITICO 2022-12-09 21:21 3 Shares

5 min read

POLITICO report says that due to tight regulations and energy costs and low subsidies the EU is losing hold on battery production units that are opting to relocate to the US with largely more competitive offers

Northvolt’s battery factory in the north of Sweden in June (Northvolt)

Northvolt’s battery factory in the north of Sweden in June (Northvolt)

United States Lithium EV Politico US electric vehicles EU European Union

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