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Reuters

Reuters

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Technology

Scania committed to buying Northvolt's battery pack business despite bankruptcy

Reuters
Summary
Nutrition label

78% Informative

Northvolt, an electric vehicle battery cell maker, filed for bankruptcy on Wednesday .

Northvolt said in February that it had agreed to sell a battery pack business to one of its largest customers and shareholder Traton -owned Scania .

Scania 's offer for the Northvolt Industrial was for $6 million in cash.

VR Score

84

Informative language

87

Neutral language

87

Article tone

formal

Language

English

Language complexity

70

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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