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Northvolt raises USD 2.75 billion to expand Swedish gigafactory to 60 GWh

On June 9, Northvolt announced the signing of a USD 2.75 billion private placement to finance further battery cell production capacity and R&D efforts in order to meet the increasing demand of customers engaged in the transition to decarbonized, electric solutions.
The private placement was co-led by new investors A....

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