Battery manufacturer Northvolt raises $600M to invest in capacity expansion, R&D and giga-scale recycling; Volkswagen kicks in more

Green Car Congress
By mmillikinOct 1, 2020, 4:16 am1k ptsInterestingTop
European battery maker Northvolt signed a $600-million private placement, led by Baillie Gifford, Goldman Sachs Merchant Banking Division and Volkswagen AG, enabling the company to make further investments in expanding its production and recycling capacity as well as R&D activities to support the target of…

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