The MAGA’s are loving it! They’ll wave their flags, bang their drums, attend the military parades etc. until suddenly a few of them will say ‘hang on a minute, we’re getting fucked over here’, but by then it will be too late.

https://bsky.app/profile/jayinkyiv.bsky.social/post/3lkfrsyklis2q

Just asked Mistral Le Chat about this, here’s the reply:

*"There is evidence suggesting that Northvolt, the Swedish battery manufacturer, faced significant issues with the machinery supplied by Chinese companies. According to various sources, Northvolt relied heavily on Chinese machinery and personnel to operate it. This reliance led to several problems, including incomplete documentation for the equipment, which made it difficult for Northvolt to operate the machinery effectively without the direct involvement of Chinese technicians.

Additionally, there were speculations about potential sabotage, as certain components within the machinery appeared to be remotely controllable, and there were allegations of defective equipment provided by the Chinese supplier Wuxi Lead. These issues, combined with Northvolt’s internal management problems and rapid expansion, contributed to the company’s financial struggles and eventual bankruptcy filing."*

sources given (excluding reddit)

[https://www.globalconstructionreview.com/european-battery-champion-northvolt-files-for-bankruptcy/]

[https://www.bruegel.org/analysis/northvolts-struggles-cautionary-tale-eu-clean-industrial-deal]

[https://thedeepdive.ca/did-china-sabotage-northvolt-unraveling-the-crisis-behind-swedens-battery-giant/]

Key points:

1. Shares of French satellite operator Eutelsat skyrocketed almost 390% last week.
2. Eutelsat shares continued to climb Monday, jumping more than 22%.
3. The gains follows speculation that Eutelsat could replace Elon Musk’s Starlink in Ukraine.