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BMW, VW backed Northvolt moves forward with $12B battery IPO plan

Northvolt Vasteras, Sweden, Rtrs Sept 2021.jpg
(Helena Soderpalm/REUTERS)
B
By:
Bloomberg
June 27, 2022 01:14 PM

Sweden’s Northvolt, whose customers include BMW and Volkswagen Group, is planning to go public within the next two years as battery demand for electric vehicles booms.

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