Hyperdrive
Sweden to Offer New Support for Battery Research, Sacked Workers
This article is for subscribers only.
The government of Sweden has promised to support the country’s fledgling battery industry with new funds for research and a push to retain the skills of workers made redundant by Northvolt AB.
Writing in an op-ed in newspaper Dagens Industri on Thursday, Energy Minister Ebba Busch and four other government ministers said funds for research and innovation would total 715 million kronor ($66.2 million) and be distributed over four years.