The German government will not provide any new money to the crisis-stricken battery company Northvolt, which is building a factory in Heide in central Germany, reports Dagens Nyheter.
The German government has already contributed the equivalent of ten billion kronor to the facility in Heide.
"Since Northvolt is a Swedish company and the current problems are related to scaling up the Swedish facility, the question of German support, beyond the financing that Northvolt has already been promised for the project in Heide, is not relevant," writes a spokesperson for the German Ministry of Economy and Climate in an email to DN.
The Swedish government has previously stated that it is not considering providing money to Northvolt. Prime Minister Ulf Kristersson (The Moderate Party) reiterated this message on Monday, when the company announced that it would lay off 1,600 people, including 1,000 at the factory in Skellefteå.
