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June 9, 2021 02:55 pm GMT

Swedish company Northvolt raises $2.75B to accelerate European battery production

Swedish battery developer and manufacturer Northvolt AB has raised $2.75 billion in capital as it prepares to ramp up to an annual production capacity of 150 GWh in Europe by 2030. The funding round — Northvolts largest thus far — was co-led by existing investors Goldman Sachs and Volkswagen, and new investors including the Swedish […]

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