– They have made very large investments in connection with the establishment, says freelance journalist and author Arne Müller.
Arne Müller has previously written books on the green industry and investments in northern Sweden and he believes that it is not possible to find any major bankruptcy in modern times in Sweden.
Northvolt has previously been compared with Stålverk 80, the project for a strong expansion of the State Norrbotten Järnverk’s facilities in Luleå, which was planned in the 1970s, which ended in a crash. But according to Müller, there is a difference between the two crashes.
– Stålverk 80 took place in a mature industry that was on its way into a crisis. This is a sector that is growing very fast, but it still ends in bankruptcy, says Arne Müller.