BMW, VW backed Northvolt moves forward with $12B battery IPO plan BMW, VW backed Northvolt moves forward with $12B battery IPO plan June 27, 2022 dzadmin Comments 0 Comment A listing of Northvolt during the next two years is a “reasonable” expectation, the supplier says, although the company, which has a value of about $12 billion, has “no need from a funding perspective,” it added.