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Northvolt Articles

Corporate / Financial Northvolt Raises $1 Billion: Announces JV With Volkswagen

Northvolt Raises $1 Billion: Announces JV With Volkswagen

Northvolt raised €900 million for its first lithium-ion cell gigafactory in Sweden and together with Volkswagen, plans a 50/50 JV for a second gigafactory in Germany
By Mark Kane Jun 13, 2019
Corporate / Financial EIB To Lend €350 Million To Northvolt For European Battery Plant

EIB To Lend €350 Million To Northvolt For European Battery Plant

80% out of the contracted 16 GWh annual capacity will be purchased by vehicle manufacturers
By Mark Kane May 17, 2019
Battery Tech Scania To Purchase Batteries From Northvolt

Scania To Purchase Batteries From Northvolt

Roughly half of planned 32 GWh annual battery capacity by 2023 is already contracted
By Mark Kane May 15, 2019
Battery Tech Volkswagen And Northvolt Form European Battery Union

Volkswagen And Northvolt Form European Battery Union

Volkswagen announced a new consortium - European Battery Union (EBU) - formed with Swedish battery company Northvolt, to bring together research activities on electric car batteries.
By Mark Kane Mar 22, 2019
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