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View Full Version : Swedish battery maker Northvolt raises $1.6 billion in debt financing


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07-29-2020, 02:44 PM
Filed under: Green (https://www.autoblog.com/category/green-auto-news/),Electric (https://www.autoblog.com/category/electric/)
https://o.aolcdn.com/images/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/https://s.aolcdn.com/os/ab/_cms/2020/07/16113932/Northvolt_Ett_11.jpg Swedish lithium-ion battery maker Northvolt said on Wednesday it had secured $1.6 billion (1.2 billion pounds) in debt financing, as part of its plan to have 25% market share of European mobile battery production. Last year, automakers Volkswagen and BMW agreed to fund Northvolt's plan to build Europe’s largest lithium-ion battery plant.Continue reading Swedish battery maker Northvolt raises $1.6 billion in debt financing (https://www.autoblog.com/2020/07/29/northvolt-battery-maker-sweden-debt-financing/)
Swedish battery maker Northvolt raises $1.6 billion in debt financing (https://www.autoblog.com/2020/07/29/northvolt-battery-maker-sweden-debt-financing/) originally appeared on Autoblog (https://www.autoblog.com) on Wed, 29 Jul 2020 16:52:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).


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