The next gen Scania Truck range which is currently under development at the CV giant’s R&D HQ in Södertälje, Sweden, is the most expensive project ever in its 125-year history. The company has earmarked an investment of SEK 20 billion (around INR 16,065 crore) for the new truck range.
Out of its 18,000 Sweden-based workforce, 4,000 are involved in this massive undertaking. Needless to say, the VW-owned company is very confident about the future product range’s potential.
To manufacture the next gen truck range, Scania has invested more than SEK 2 billion (around INR 1,607 crore) in Oskarshamn, South Sweden, on a facility with new priming painting shop and new bodybuilding workshop. This is the largest single industrial investment made by Scania in the last two decades.
The company is looking to source more parts within Sweden for its upcoming truck range than its existing products. The Swedish commercial vehicle maker caters to the high-end truck and bus market globally. Its primary rival is its compatriot Volvo.
Scania’s current truck range specializes in heavy-duty, long distance cargo hauling. The new gen model is expected to have several new technologies that are aimed at achieving sustainability and better ergonomics. We expect the new truck range to be launched across the globe in a phased manner.
With its improving infrastructure, India would be a key market for Scania in the coming years.