Menu

Northvolt raises USD392 million from EIB for battery cell plant in Sweden

Plant expected to have annual production capacity of 32GWh when fully operational

Northvolt has received an in-principle approval for a loan of EUR350 million (USD392 million) from European Investment Bank (EIB) for its battery cell plant in Sweden, the company announced on 15 May.

Thank you for visiting IHS Automotive Supplierinsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the SupplierInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

Related Assets

loading