Jonas Grafström, a researcher at Ratio, the Swedish business research institute, has written a report on the collapse of the battery company Northvolt. Northvolt is not alone in being a failing battery company. The EU's current climate policy focuses on reducing greenhouse gas emissions from transport and the introduction of a ban on internal combustion engines by 2035. This has led to massive public funding and support for companies that EU politicians want to protect but which in many cases are not commercially successful.
The report is available on both English language and Swedish.
