Regulatory
Collaboration regarding EV chargers for General Motors ends – limited impact on future result and cash flow
CTEK has, in agreement with General Motors, ended the collaboration regarding the customized electric vehicle chargers that are marketed in North America from the third quarter of 2022. The ended collaboration entails one-off costs, mainly write-downs of capitalized development costs and inventory, in the order of SEK 70-90 million, in all material respects not affecting cash flow. These will mainly affect the fourth quarter of 2024 and are reported as an item affecting comparability.
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