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Following its successful predecessor, Scania Growth Capital II "will continue the focus on the most attractive companies and entrepreneurs in the B2B tech space", according to the Swedish group.

Denis Sverdlov becomes Chairman of the Board, thus replacing Peter Cuneo. “I am more committed than ever to ensuring Arrival’s success, and I will continue to act in the best interests of the Company, shareholders, customers, partners and employees", declared Sverdlov.

Designed and built in Britain, the Munro will be the first vehicle to enter volume production in Scotland in more than four decades. The e-vehicles is addressed to numerous sectors including construction, agriculture, mining, forestry, mountain rescue, remote infrastructure maintenance, and leisure

Around 20 Nordic banks, insurance companies and pension fund managers participated in the bidding for Scania’s new green bond. Proceeds are being channelled to projects that will have a profound impact in reducing CO2 emissions.

The MoU was signed in the presence of N Chandrasekaran, Executive Chairman, Tata Sons, and Tom Linebarger, Executive Chairman, Cummins Inc., on November 14, 2022 in Mumbai, India.

Karl Viktor Schaller has held many Executive and Board positions within the automotive industry. Most recently, between 2014 and 2019, he was Executive Vice President, Motorcycle Engineering with BMW AG. Before joining BMW AG, he was a Member of the Executive Board and Chief Technology Officer of MA...