Northvolt Raises $1.3 Billion for Expansion of EV Battery Plants

GALWAY, IRELAND--August 29, 2023--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Swedish electric vehicle (EV) battery maker Northvolt (Stockholm, Sweden) has raised 1.2 billion euro (US$1.3 billion) to expand its manufacturing operations in Europe and into the U.S.

Within this article: Details successful financial round to expand Northvolt's growing EV battery plant network, current and planned projects, investment, customers