TR : TON GROUP to consistently focus on sustainable solutions, new markets, and new business models

E-mobility can only succeed with reliable infrastructure. The TRATON GROUP, Daimler Truck, and the Volvo Group are planning a joint venture that will see them build a high-performance charging infrastructure for trucks and buses in Europe. The agreement was signed in December 2021 and will accelerate the transition to battery electric transportation.

As the number of vehicles powered by electric drivetrains grows, the main bulk of their carbon footprint shifts from the use phase back to production. This puts the spotlight on another goal of the TRATON GROUP: sustainable business models based on circularity. TRATON will already reflect this in its research and development. Circularity affects every stage of the Company's supply chains and reaches all the way down to its services. All TRATON GROUP brands already have a variety of approaches in place to reuse parts and materials.

TRATON's complete takeover of Navistar in 2021 also marked an important step in tapping into new sources of revenue and markets in North and South America. At the same time, TRATON is expanding its strategy in the Asian market. Scania is about to become the first Western truck manufacturer to have its own production in China - another important milestone for the TRATON GROUP. Scania has a license to produce up to 50,000 vehicles a year.

In the future, TRATON will also work on strengthening new business models and partnerships that create value. To do so, it will expand its focus on logistics and digitalization. Test drives on Level 4 out of a total of five levels of autonomous driving began in Sweden in 2021. Although the truck operates autonomously on selected sections of highway, there is a driver on board for safety reasons. MAN Truck & Bus has also finished testing autonomous trucks as part of the "ANITA" project - with successful results. The tests saw an MAN truck move autonomously around a port terminal, automating container handling.

Speaking at the virtual Annual General Meeting at the ICM in Munich, TRATON CEO Christian Levin said: "We currently expect a solid performance across our markets in 2022, although slightly weaker than anticipated at the start of this year. There is no doubt in our minds: we want sustainable success. That's how we will shape the transportation of the future."