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Exclusive: Scania signs Northvolt battery deal, in talks on equity

FILE PHOTO: A combination of two file photographs shows the logos of German carmaker Volkswagen
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STOCKHOLM (Reuters) - Volkswagen truck brand Scania has signed a battery supply deal with Sweden's Northvolt and is in talks about making an equity investment as part of the startup's efforts to raise 1.5 billion euros (1.29 billion pounds), Scania's chief executive said.CEO Henrik Henriksson told Reuters he could not disclose how much capacity Scania had secured from Northvolt, which said earlier..
Date Published: May 13, 2019
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