Scania says it will lend Northvolt $100 mln under US Chapter 11 bankruptcy deal-February 2024-www.financetom.com

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

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

Nov 21, 2024 6:42 PM

STOCKHOLM, Nov 21 (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.

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