Northvolt raises $1.B to support factory rollout plans in Europe; close to $8B since 2017

Green Car Congress
By mmillikinJul 7, 2022, 7:16 am240 pts
Northvolt signed a $1.1-billion convertible note to finance its expansion of battery cell and cathode material production in Europe to support the rapidly expanding demand for batteries. Investors participating in the capital raise were AMF, AP funds 1-4 (via the co-owned company 4 to 1 Investments), ATP, Ava…

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