Northvolt raises $2.75 billion in equity to deploy further battery cell capacity

Swedish battery partner Northvolt AB announced the signing of a $2.75 billion private placement to finance further battery cell production capacity and R&D efforts in order to meet the increasing demand of customers engaged in the transition to decarbonized, electric solutions. The private placement was co-led by new investors AP funds 1-4, via the co-owned […]