{"id":419613,"date":"2021-06-10T11:36:45","date_gmt":"2021-06-10T06:06:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=419613"},"modified":"2021-06-10T11:36:45","modified_gmt":"2021-06-10T06:06:45","slug":"volkswagen-invests-620-mln-in-northvolt-to-secure-battery-supply","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/volkswagen-invests-620-mln-in-northvolt-to-secure-battery-supply\/","title":{"rendered":"Volkswagen invests $620 mln in Northvolt to secure battery supply"},"content":{"rendered":"<p>Volkswagen said on Wednesday it was investing a further $620 million in Swedish battery maker Northvolt, in a bid to secure cell capacity for its electric vehicle push.<\/p>\n<p>The investment, part of a $2.75 billion funding round launched by the maker of lithium-ion batteries, will keep Volkswagen&#8217;s stake stable at around 20% and follows an initial 900 million euro investment in 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Volkswagen said on Wednesday it was investing a further $620 million in Swedish battery maker Northvolt, in a bid to secure cell capacity for its electric vehicle push. The investment, part of a $2.75 billion funding round launched by the maker of lithium-ion batteries, will keep Volkswagen&#8217;s stake stable at around 20% and follows an initial 900 million euro investment in 2019.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-419613","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/419613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=419613"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/419613\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=419613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=419613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=419613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}