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Perspective
25 October 2024

Euro gigafactories: Parking debt

In:
Manufacturing & equipment, Transport
Region:
Asia-Pacific, Europe
Max Thompson
Max Thompson
Managing Editor
Europe’s gigafactory bubble is bursting with battery makers Northvolt and ACC halting schemes amid waning demand for EVs. With project sponsors reviewing business models, debt parking arrangements are underway. Have Europe’s EV hopes lost charge?

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