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VW and Goldman-backed battery maker Northvolt gets $1.1 billion funding injection

VW and Goldman-backed battery maker Northvolt gets $1.1 billion funding injection

Northvolt’s most recent funding announcement comes at a time when major economies are laying out plans to move away from vehicles that use diesel and gasoline.

Mikael Sjoberg | Bloomberg | Getty Images

Electric vehicle battery maker Northvolt on Tuesday announced a $1.1 billion funding boost, with a range of investors — including Volkswagen and Goldman Sachs Asset Management — taking part in the capital raise.

In a statement, Sweden-based…


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Delhi weather update: Humid morning in city; IMD predicts light rain during day

Delhi weather update: Humid morning in city; IMD predicts light rain during day

Research confirms Broncos great Demaryius Thomas suffered from CTE prior to death

Research confirms Broncos great Demaryius Thomas suffered from CTE prior to death