Swedish company Northvolt raises $2.75B to accelerate European battery production
TechCrunch
JUNE 9, 2021
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. Northvolt’s overarching plan is to ramp up to at least 150 GWh of annual battery production across Europe by 2030.
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