NEWSROOM

As Northvolt now completes another equity raise, Scania announces a proportional increase in its investment in the partnership.

Scania plans to, over several years, invest well over 1 billion SEK in a battery assembly plant in Södertälje, Sweden.

With Scania’s planned rapid introduction of electric vehicles over the coming years, there is a concurrent need to intensify battery testing and tailored deployment. Scania is therefore investing EUR 15.5 million in a new battery laboratory at its research and development facilities in Södertälje, Sweden.

The trucks, which are fully electric, are fitted with an electric powertrain, and energy is converted to electricity from hydrogen gas in fuel cells.

Scania’s aim is to be the leader in the shift towards a sustainable transport system and battery electric vehicles will be the main tool to drive this shift.