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TRATON Financial Services' is here to make sustainable transportation a reality. We are a newly established group-wide financial services unit within the TRATON Group building on Scania Financial Services. The corporate group includes MAN, Scania, Navistar, and Volkswagen Truck & Bus LLC, among others. With a presence in over 65 markets, we are already one of the most global private actors in the financial services industry.
The European Commission has approved, under the EU Merger Regulation, the creation of a greenfield joint venture by Scania CV AB (‘Scania') of Sweden and sennder Techologies GmbH (‘sennder') of Germany. The joint venture will supply heavy-duty battery electric vehicles (‘BEV') based on a pay-per-use-model along with associated digital, physical, and commercial services. Initially, it […]
As Northvolt assembles its first battery systems at Northvolt Dwa in Poland, the company announced the raising of $1.2 billion to finance plans for its further European and North American expansion. The funding is an extension of the $1.1 billion convertible note signed in July 2022, and has attracted investment from funds labeled dark green […]
Northvolt recently committed to spending $654 million on a battery factory in Germany
Head of Risk Control to TRATON Financial Services