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  • Battery Cell Factory 1 at Eyde Energy Park in Arendal, Norway

    Morrow Batteries raises EUR 100 million in new investment round

    Morrow Batteries (“Morrow”), a Norwegian company that aims to manufacture the world's most cost-effective and sustainable battery cells, has today announced an EUR 100 million investment round. The transaction will finance the first phase of the company’s factory in Arendal, Norway, with a capacity to produce more than 1 GWh battery cells each year. The investment round was led by Siemens Financia

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