Analysis

March 15, 2023

Inside Northvolt’s IPO plans — as told by the man who will make it happen

It's raised $8bn so far, but battery gigafactory Northvolt is looking to tap the public market for more


Mimi Billing

6 min read

Building gigafactories is an expensive business. But Swedish battery manufacturer Northvolt has made it look easy, rapidly raising €8bn to help with construction across four sites.

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Picture of Northvolt Ett, the gigafactory in Skellefteå in Sweden
Northvolt Ett, the gigafactory in Skellefteå
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Mimi Billing

Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

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