To support its continued investments in electrification, Scania issued another green bond, this time totalling SEK 3 billion. The proceeds will be used for additional investment in the development of battery-electric vehicles. The strong interest in the bond shows that the capital market actively supports Scania’s purpose of driving the shift towards a
As part of its GRIP 2030 corporate strategy, Volkswagen Commercial Vehicles (VWCV) intends to raise the percentage of battery-electric vehicles that it sells to over 55 per cent by 2030. With its support for expanding renewable energy, VWCV is already increasing the amount of electricity from renewable sources that is available in the
“PACCAR achieved very good revenues and net income in the second quarter of 2021,” said Preston Feight, chief executive officer. “PACCAR Parts achieved record quarterly sales and profits due to strong industry truck utilization, an increased number of Kenworth, Peterbilt and DAF trucks with the PACCAR Powertrain, and the growth of PACCAR Parts’
Daimler Truck hosted its inaugural Strategy Day, setting out its ambitions as an independent company and its plans to unlock its full potential, both operationally and financially. Daimler Truck’s management board led by CEO Martin Daum presented strategic objectives, key financial targets and technological goals. Daimler Truck starts this journey from a leading
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