Northvolt Bankruptcy: Politicians' Gamble Fails
This is a Northvolt news story, published by torontosun, that relates primarily to Legault news.
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money Quebec taxpayerstorontosun
•JAY GOLDBERG: Northvolt bankruptcy an ominous sign for politicians’ EV gamble
70% Informative
The Legault government bet buckets of cash on electric vehicle battery manufacturer Northvolt .
Northvolt accumulated $5.8 billion of debt and now the company is broke.
Other than Tesla , every EV manufacturer is losing money making them.
Politicians in Ottawa and Quebec City need to stop gambling with taxpayers’ money.
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