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Northvolt recieves US $400 million from Canadian firm IMCO

In Canada, the Swedish battery cell manufacturer Northvolt has garnered US $400 million in fresh capital from the Investment Management Corporation of Ontario (IMCO). The equivalent of 366 million euros is to be invested in expanding production but a project in Canada could also benefit. IMCO’s investment in Northvolt is in the form of convertible […] More…

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