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January 8, 2024

EU greenlights €902m Northvolt deal for German gigafactory

Northvolt’s German factory, announced last year, will be in Heide, a town near the Danish border

Freya Pratty and Mimi Billing

2 min read

Swedish startup Northvolt, Europe’s best-funded battery manufacturer, has secured approval from the European Commission for €902m in state aid from Germany to build a production plant in the north of the country. 

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Freya Pratty

Freya Pratty is Sifted's associate editor. She covers UK tech and leads Sifted's investigations. Follow her on X , LinkedIn and Bluesky

Mimi Billing

Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

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