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2 clusters · 5 sources · 3 days · First seen · Last updated

Scania global business and R&D expansion

Overview

Scania is expanding its international presence across the defense and commercial vehicle sectors. The company provides modular defense solutions and V8 engines to over twenty NATO ministries of defense and is growing its heavy-duty truck footprint in Australia with new Fleetline and S-Series models.

To support future technologies, Scania has inaugurated a SEK 975 million research and development proving ground in Södertälje, Sweden. This 85-hectare facility is designed to accelerate the development of autonomous transport, advanced driver assistance systems, and electric trucks.

This strategic expansion follows a period of revenue growth, with third-quarter sales increasing by 5% to SEK 49.1 billion. While overall order intake saw a slight decline, the company reported a significant rise in battery-electric vehicle orders compared to the previous year.

Entities

Scania · Christian Levin · NATO · Petr Smola · Södertälje

Timeline

  1. [BUSINESS] 3 sources
    Scania invests £70m in R&D facility amid Q3 revenue growth

    Scania has opened a £70m R&D proving ground in Sweden to advance electric and autonomous vehicles, following a 5% rise in Q3 revenue.

  2. [BUSINESS] 2 sources
    Scania expands defense and commercial vehicle presence globally

    Scania is growing its global influence through modular defense solutions for NATO members and expanding its heavy-duty truck lineup in Australia with new Fleetline and V8 models.

Sources

e-svet.e15.cz · fiberglas.ch · telgenytt.se · transporttalk.co.nz · truckandbus.net.au