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Northvolt raises USD 1.1 billion to support factory rollout plans in Europe
On July 5, Northvolt announced the signing of a USD 1.1 billion convertible note to finance its expansion of battery cell and cathode material production in Europe. With this capital raise, Northvolt has since 2017 secured close to USD 8 billion in equity and debt to deliver on its plans to establish a supply of sust....
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