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

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.

Source: Investing.com

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