Exclusive-Scania tries to breathe life into troubled EV battery maker Northvolt


FILE PHOTO: Logo of Swedish carmaker Scania is displayed on a truck at the IAA truck show in Hanover, Germany, September 17, 2024. REUTERS/Fabian Bimmer/File Photo

STOCKHOLM (Reuters) - Truckmaker Scania has stepped in to help Northvolt with the day-to-day running of its flagship plant in northern Sweden, a last-ditch effort to boost quality and output at the struggling electric vehicle battery maker as it scrambles to secure funds.

Since November, Scania has sent members of staff to Northvolt's Ett plant in Skelleftea, 200 kilometres below the Arctic Circle, according to internal Northvolt documents reviewed by Reuters that outline Scania's support strategy for the green tech player. The plant employs some 2,500 people.

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