We just completely lost all investments in Northvolt so the government is being very careful with high profile investments into renewables, especially when we've bankrolled them before and they couldn't deliver.
But wasnt Northvolt a stupid idea to begin with? They ordered whole Chinese manufacturing line but forgot to secure technology transfer? Paid for the line and then discovered it takes more than pressing buttons to make good product.
As a business idea Northvolt was stupid. As a money laundering scheme it was pretty good.