Northvolt raises $1.B to support factory rollout plans in Europe; close to $8B since 2017
Green Car Congress
JULY 7, 2022
With this capital raise, Northvolt has since 2017 secured close to $8 billion in equity and debt to deliver on its plans to establish a supply of sustainable batteries. In parallel, a cathode factory, Northvolt Fem, is being established in Borlänge, Sweden. Goldman Sachs Bank Europe SE, J.P. Morgan AG, and Morgan Stanley & Co.
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