Northvolt's mega leap to conquer the North American battery industry

Step into the summer edition of The Mobility Week in Review!

This issue comes with a swift refresh, a departure from our standard releases, all curated to preserve the lively spirit of the sun-drenched season. You'll immerse yourself in Northvolt's substantial fundraising success, explore the ramifications of the German government's flat-rate public transport fare, and uncover Trenitalia's novel blueprints for Europe. Moreover, a bunch of reports and studies await you, providing enjoyment as you bask in the sunlight!

So, without further delay, let's dive straight into the details...

🔋 Northvolt raises $1,2 billion to finance plans for its further European and North American expansion

In a strategic move to fuel its ambitious expansion plans across Europe and North America, Northvolt has successfully raised $1,2 billion in funding. This financial injection follows the heels of a $1,1 billion convertible note agreement inked back in July 2022.