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throwaway-8c93 | 4 years ago

Battery manufacturing needs a lot of land, which is dirt cheap in Northern Sweden. Another activity that needs a lot of land is mining, which is one of the primary economic activities in the otherwise desolate region.

> Corporate tax rate 22%, Mineral Production tax rate 0.2%. (1)

Also, the location has to do with special, naturally occurring deposits of anode materials nearby. iirc, either silicon or graphite forms "clumps" of just the right size and shape in this region, enabling them to skip some steps of the manufacturing process.

(1) https://www.talgagroup.com/irm/content/why-sweden.aspx?RID=3...

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geokon|4 years ago

very interesting! Thanks for sharing :) That really answers the question