Lithium-Ion Battery Maker Northvolt Raises $2.75 Billion to Finance Expansion Plans

Northvolt’s first gigafactory Northvolt Ett in Skellefteå, Sweden, will expand capacity to 60 GWh

June 14, 2021

/ Rahul Nair
/ Finance and M&A, Other
thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


Sweden-based lithium-ion battery manufacturer Northvolt has signed a $2.75 billion private placement to finance its battery cell production expansion and research and development (R&D) efforts.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Register for free

thumbnail

Rahul Nair

More articles from Rahul Nair.
electric vehicleEuropeEVLithium-Ion batteryNorthvoltSweden
PREVALL POSTSNEXT

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS