Northvolt
Northvolt’s $5B debt deal should be a wake-up call for the US battery industry
The U.S. battery industry has surged in the wake of the IRA, but it still lacks a domestic anchor like Northvolt.
Swedish EV battery maker raises $1.2B to expand to North America
Northvolt, a Swedish producer of lithium-ion batteries, has raised around $1.2 billion from BlackRock and various Canadian pension plans to build new factories in North America and Europe, according to…
Ballooning US EV registrations raise opportunities for startups
Surging EV adoption is certain to drive even more opportunities for startups to capitalize on the sector’s growth.
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Venture capitalists fell in love with Europe last year
Amid this long-lasting startup era, 2021 may go down as the peak venture capital year, especially in Europe.
Volvo Cars sets the tone for its next-gen vehicles with ‘Concept Recharge’ EV
Volvo Cars wants to completely electrify its lineup by 2030 and on Wednesday offered a glimpse into how it plans to get there and what its next generation of vehicles…
Swedish company Northvolt raises $2.75B to accelerate European battery production
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…
Swedish battery manufacturer Northvolt receives a $14 billion order from VW
Northvolt, the Swedish battery manufacturer which raised $1 billion in financing from investors led by Goldman Sachs and Volkswagen back in 2019, has signed a massive $14 billion battery order…
