This recent article shows that there are big potential investors...

This recent article shows that there are big potential investors seeking green energy battery related assets in the USA

Volvo Group has been selected as the winning bidder in an auction for the business and assets of the Proterra Powered business unit at a purchase price of $210 million, Volvo and Proterra officials announced. The transaction between Proterra Inc. and Proterra Operating Company as sellers and Volvo is subject to approval by the bankruptcy court in the U.S. In addition, closing of the transaction, which is expected early in 2024, will be subject to merger clearance and certain other conditions. The assets to be acquired include a development center for battery modules and packs in California and an assembly factory in South Carolina. With the acquisition, Volvo Group will accelerate its future battery-electric road map, company officials said.