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Mercedes, Stellantis Battery JV Nears €4.4 Billion Debt Deal - Vimarsana News

Mercedes, Stellantis Battery JV Nears €4.4 Billion Debt Deal

(Bloomberg) -- The electric-car battery venture led by Stellantis NV and Mercedes-Benz Group AG is close to raising €4.4 billion ($4.7 billion) in debt to finance its expansion in Europe, according to people familiar with the matter.Most Read from BloombergBiden’s Attempt to Address Memory Issue Backfires With New GaffeA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaUkraine’s Army Chief Replaced After Rift With ZelenskiyNew York City Is Considering a Laundry Pods CrackdownEinhorn Say

Source: yahoo.com
Sweden's Northvolt Gets $1.2 Billion In Extra Funding For EV Battery Production - Vimarsana News

Sweden's Northvolt Gets $1.2 Billion In Extra Funding For EV Battery Production

Northvolt recently committed to spending $654 million on a battery factory in Germany