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Scania committed to buying Northvolt's battery pack business despite bankruptcy
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STOCKHOLM, March 12 (Reuters) - Truckmaker Scania still intends to buy Northvolt's battery pack business despite the Swedish battery maker having declared bankruptcy on Wednesday, a Scania spokesperson told Reuters on Wednesday.
Northvolt, an electric vehicle battery cell maker, filed for bankruptcy on Wednesday, bringing to an end Europe's best hope of developing a rival to major Asian EV battery players.
(Reporting by Marie Mannes and Alessandro Parodi, editing by Essi Lehto)
((marie.mannes@thomsonreuters.com; +46 8 502 423 82;))
