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Swedish EV battery startup Northvolt raises $5 billion in funding from BlackRock, others to expand its factory footprint

Northvolt, the Swedish lithium-ion battery startup founded by a former Tesla executive, has raised a massive $1.2 billion in funding to construct new manufacturing facilities in Europe and North America, the company announced Tuesday. The round was led by BlackRock,

Northvolt, the Swedish lithium-ion battery startup founded by a former Tesla executive, has raised a massive $1.2 billion in funding to construct new manufacturing facilities in Europe and North America, the company announced Tuesday. The round was led by BlackRock, […]

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