Northvolt raises $2.75B to expand battery cell manufacturing capacity; Swedish gigafactory to 60 GWh

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Northvolt raises $2.75B to expand battery cell manufacturing capacity; Swedish gigafactory to 60 GWh

Northvolt announced the signing of a $2.75-billion private placement to finance further battery cell production capacity and R&D efforts in order to meet the increasing demand of customers engaged in the transition to decarbonized, electric solutions. The private placement was co-led by new investors AP funds 1-4, via the co-owned…

Northvolt raises $2.75B to expand battery cell manufacturing capacity; Swedish gigafactory to 60 GWh

2021-06-12 05:04

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