Northvolt-Pleite: IG Metall urges state commitment to the battery industry

What will happen to the construction of the battery factory near Heide? The Swedish manufacturer Northvolt has filed for insolvency. IG Metall is reminiscent of overriding state interests.

The German subsidiary of the Swedish battery production company Northvolt continues to build in Heide. However, the parent company is insolvent. This is a severe setback for European battery production, because politics wants to promote battery production in Germany and Europe in order to become more independent from China. We talk about this with Nicolas Lieven, business journalist on radioeins.

Following the insolvency of battery cell manufacturer Northvolt, there is also great turmoil at Porsche and Scania. Both had high hopes for the Swedish company. Meanwhile, Economics Minister Robert Habeck is optimistic about the planned plant in Heide.