Scania CEO Rules Out Buying Northvolt, Dagens Industri Reports

Truckmaker Scania has no ambition to buy Northvolt’s Skelleftea factory from the bankruptcy estate, CEO Christian Levin says in an interview with Swedish newspaper Dagens Industri.

• Levin also tells the newspaper that the company’s role is to be a customer of Northvolt
• The CEO earlier said on an earnings call that Scania hopes for a buyer to step in and take over both Northvolt’s Skelleftea plant and Northvolt Labs in Vasteras
  • In case of a sale, “we would, of course, sell back that security and get the money back with interest,” he says, adding that ”how that goes is something ...