• Nieuwsbrief

15 05 2019 03

Volkswagen’s Swedish commercial vehicle brand Scania has apparently signed a contract with the Swedish company Northvolt to supply battery cells for electric vehicles. The supply volume of the contract is not known.

Referring to Scania CEO Henrik Henriksson, Reuters reported that the VW subsidiary is also discussing financial participation in Northvolt. Further details have not yet become public.

Chief Executive Henrik Henriksson told Reuters, “There will be a shortage of batteries for the automotive sector globally in the coming five to six years because there’s simply not enough capacity. So the more capacity we can get our hands on, the better we feel.”

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