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Northvolt Raises $1.3 Billion for Expansion of EV Battery Plants

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Northvolt Raises $1.3 Billion for Expansion of EV Battery Plants

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



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