Northvolt gets $400 million from Investment Management Corporation of Ontario

The Investment Management Corporation of Ontario (“IMCO”) is investing US$400 million in Swedish battery cell manufacturer Northvolt. The funds will enable Northvolt’s planned expansion, aligned with IMCO and the Company’s commitment to a deeply sustainable battery supply chain. Northvolt’s first gigafactory, located in northern Sweden, has already begun producing batteries in a sustainable manner using […]