Swedish EV battery maker raises $1.2B to broaden to North America

Northvolt, a Swedish producer of lithium-ion batteries, has raised round $1.2 billion from BlackRock and numerous Canadian pension plans to construct new factories in North America and Europe, in accordance with report from Reuters. Tuesday’s announcement alerts the primary time Northvolt has shared concrete plans to construct in North America. If Northvolt builds within the … Read more