Scania says it will lend Northvolt $100 million under US Chapter 11 bankruptcy deal

  • November 21, 2024

Scania says it will lend Northvolt $100 million under US Chapter 11 bankruptcy deal

STOCKHOLM (Reuters) - Swedish truckmaker Scania said on Thursday it will lend Northvolt $100 million as part of the struggling Swedish battery maker's U.S. Chapter 11 bankruptcy protection deal.

Scania is part of the Volkswagen-owned Traton Group.