Northvolt, a Sweden-based manufacturer of lithium-ion batteries, has announced raising $1.2 billion in convertible notes to support its expansion plans across Europe and North America.
![](https://mercomcapital.com/wp-content/uploads/2023/08/Solar-and-Energy-Efficiency-Solutions-Provider-PosiGen-Secures-12-Million-Loan.png)
Northvolt, a Sweden-based manufacturer of lithium-ion batteries, has announced raising $1.2 billion in convertible notes to support its expansion plans across Europe and North America.
Through its venture capital arm, Volvo Cars has made a strategic investment in dcbel, a company that offers smart home energy solutions. The car maker’s corporate