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NorthVolt’s Battle Plan to Win the Upcoming Battery-Wars

Mr. Sustainability

NorthVolt recently raised an additional $600 million in equity – enabling its expansion of production and recycling capacities, as well as R&D activities to support the target of establishing 150 GWh of manufacturing capacity in Europe by 2030. The demand for lithium-ion batteries is therefore going to 'explode', says Carlsson.