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

November 21, 20241 view0

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.

This post appeared first on investing.com

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

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

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