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Scania says it will lend Northvolt $100 million under US Chapter 11 bankruptcy deal
November 21, 2024
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.
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