April 28, 2024
Northvolt raises €4.6B to expand Europe’s first homegrown battery gigafactory

Swedish battery maker Northvolt has raised €4.6bn to boost the expansion of Europe’s first homegrown gigafactory and support the company’s battery recycling plans. Specifically, the capital will help expand cathode production and cell manufacturing at the Northvolt Ett factory in northern Sweden. It will also enable the development of Revolt Ett…
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