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A battery story similar to Northvolt - a serial scam.

Swedish investors Lars Carlström started Britishvolt - went bankrupt 2023.

Launched Italvolt, made a licensing agreement with StoreDot - bankrupt in 2024.

Now his new one Statevolt plan production in the US and UAE.

#ev #northvolt #statevolt

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Swedish investors fail in battery production. But also European companies fall for those plans, and now possibly some in the US and UAE. Besides Volkswagen & Volvo working with Northvolt. I wonder about Italvolt's cooperation with israeli StoreDot. Next to fail?

#northvolt #storedot #statevolt

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