Nationalization of Production

“Northvolt has been among our frontrunners, set to build Europe's first home-grown Gigafactory for lithium-ion battery cells, with a minimal carbon footprint... we also confirm our resolve to boost Europe's resilience and strategic autonomy in key industries and technologies.”

Maroš Šefčovič, European Commission Vice-President

“We urgently need to build up our capacity to research, develop, manufacture, and market batteries right here at home.... Today, the U.S. relies heavily on importing advanced battery components from abroad, exposing the nation to supply chain vulnerabilities.... Currently, the U.S. has less than a 10% global market share for manufacturing capacity across all major battery components and cell fabrication.”

Jennifer M. Granholm, U.S. Secretary of Energy

Extracted from the PDF; charts and images may read imperfectly.