The Northvolt Lab and the Northvolt Ett battery factory are both being built in Sweden.
When former Tesla manager Peter Carlsson said he wanted to build at €3bn battery farm in northern Sweden, many thought he was crazy. But this week his almost three-year-old startup Northvolt closed a new financing round led by Volkswagen and Goldman Sachs in a massive equity round of $1bn (approximately €900m).
What the Northvolt battery factory in northern Sweden will look like when ready.
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Former Telsa executive Peter Carlsson is the chief executive of Northvolt.
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