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.
This post appeared first on investing.com
