Swedish Prime Minister Ulf Kristersson calls it 'not relevant' for the state to own a car factory. In any case, the taxpayers do not have to pay Volvo's bill.
Volvo Cars and the crisis-stricken battery company Northvolt would very much like the Swedish state to pay the majority of the bill for a new battery factory in Gothenburg.
But that is not going to happen according to Ulf Kristersson. Taxpayers will not have to pay 13 billion out of 20 billion Swedish kroner that Volvo expects the factory will cost.
– The Swedish state will not take part in the battery manufacturer Northvolt, the company's future must be decided by its private owners, said Prime Minister Ulf Kristersson at a press conference on Monday this week.
This is what Dagens Industri writes.
READ ALSO: The Danish Transport Agency is lying, says Danish tire director
On the same day that Sweden refused to throw support kroner after Northvolt, the factory's largest investor, Volkswagen, announced that it is still supporting the company.
However, it is unclear whether the Germans are ready with a bigger bag of money. In fact, it is rumored that Volkswagen, like BMW, is considering tearing up a contract worth several billion kroner against Northvolt.
It wasn't many days ago that Northvolt had to announce that it had to close several of its projects, fire people and consider selling the remaining tasks completely or design them as a 'joint venture'.
At the same time, Northvolt has been dragged into the bailiff's court because the company owes a considerable sum of millions to suppliers who have lost patience. However, the battery factory claims that you can pay the money.
Something completely third is that 4 employees at the factory in Skellefteå have died. Something that is so serious that an expert requires the factory to be closed. Read more about it here .
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