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.
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Northvolt announced the signing of a new, and biggest so far private placement of $2.75 billion in equity, to finance further battery cell production capacity.
Sweden s battery maker Northvolt raises $2 75 billion, expands factory to 60GWh tech.eu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tech.eu Daily Mail and Mail on Sunday newspapers.