Battery Manufacturer Northvolt Raises $1.2 Billion to Fund Expansion Plans

This financial injection has garnered investments from funds characterized as "dark green”

August 24, 2023

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Northvolt, a Sweden-based manufacturer of lithium-ion batteries, has announced raising $1.2 billion in convertible notes to support its expansion plans across Europe and North America.

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Gautamee Hazarika

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Battery Manufacturer Northvolt Raises $1.2 Billion to Fund Expansion Plans

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