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Volkswagen's Scania buys bankrupt Northvolt's heavy industry battery packs unit

By Yahoo! Finance   |   1 month ago
Volkswagen's Scania buys bankrupt Northvolt's heavy industry battery packs unit

Scania, part of Volkswagen's truck unit Traton, has agreed to purchase Northvolt's bankrupt division that makes battery packs for heavy industry. The undisclosed deal revives a previous offer of $6 million, marking Northvolt's first asset sale post-bankruptcy.

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