Filed under:
Green,
Electric
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
Swedish battery maker Northvolt raises $1.6 billion in debt financing originally appeared on
Autoblog on Wed, 29 Jul 2020 16:52:00 EDT. Please see our
terms for use of feeds.
Permalink |
Email this |
Comments
More...
Swedish battery maker Northvolt raises $1.6 billion in debt financing
