According to the parliamentary budget officer, more than $43.6 billion in public funding has been allocated to battery manufacturing
More than $43.6 billion in public funds will flow to Volkswagen, Stellantis-LGES and Northvolt factories to produce batteries for electric vehicles, according to the Parliamentary Budget Officer (DPB), who estimates that this will be “a good 5, “$8 billion more than expected.” “We estimate that the total cost of government support to Northvolt, Volkswagen and … [Read more…]