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Scania to acquire Northvolt’s industrial battery pack division

On February 18th, Northvolt actually released an official statement in which the battery maker did not mention Scania as the counterpart of the agreement. Later on, the deal has been confirmed by the Swedish truckmaker to Reuters. It marks another step in Northvolt’s restructuring efforts as it seek...

Scania Group announces new CFO: Do Young Kim to replace Jonas Rickberg

Do Young Kim replaces Jonas Rickberg, who is leaving Scania to become CFO of Skanska Group. Currently CFO for International (previously known as Navistar, a sister company belonging to the TRATON Group), Kim a will also be a member of the Executive Board, reporting to CEO Christian Levin.
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Scania to launch new venture capital fund

Following its successful predecessor, Scania Growth Capital II "will continue the focus on the most attractive companies and entrepreneurs in the B2B tech space", according to the Swedish group.
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Gustav Sundell is the new Head of Mobility Solutions at Scania

Mobility Solutions, which includes the wholly-owned subsidiary LOTS Group, is a unit that was formed in the spring of 2021 with the purpose to capture market opportunities in the future transport ecosystem. The unit is driving the development of new business models outside the current core business.
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