Plan’s volume up sharply since its first announcement. Samsung and Hynix are among the leading firms.
In addition to uncertainties regarding the environmental impact, there are geopolitical questions, as other countries are also claiming the designated area.
EU Commission approves subsidies for planned Northvolt factory.
Australian government provides millions for research on raw materials.
Export restrictions are seen as a wake-up call to establish their own value chains.
Could strengthen domestic clean energy industry but impede EV adoption rate.