TRATON GROUP

In 2021, the TRATON GROUP achieved considerable milestones on its way to becoming a global champion. The merger with Navistar has opened access to the important North American market.

BUSINESS DEVELOPMENT

Since July 1, 2021, the US commercial vehicle manufacturer Navistar has been a TRATON GROUP brand. With its MAN, Scania, Navistar, Volkswagen Caminhões e Ônibus and RIO brands, TRATON aims to become a global champion of the commercial vehicle industry and drive the transformation of the logistics sector.

Climate change, the growing importance of sustainability, decarbonization and digitalization are presenting TRATON with new challenges. However, they also offer new opportunities. The new “TRATON Way Forward” strategy, presented for the first time at the TRATON SE virtual Annual General Meeting in 2021, focuses on three themes: responsible company, value creation and TRATON Accelerated!

For the TRATON GROUP, the future of transport is electric. To allow it to assume a leading role in e-mobility, TRATON is putting a total of €2.6 billion into research and development from 2021 to 2026, while scaling back investment in conventional drive systems. The success of e-mobility will depend on reliable infrastructure. With the planned establishment, agreed in 2021, of a joint venture between the TRATON GROUP, Daimler Truck and the Volvo Group, TRATON is making a contribution to battery-electric transport. The joint venture will create a high-performance charging infrastructure for trucks across Europe.

Since November 2021, the TRATON GROUP has participated in the UN Global Compact, the world’s largest and most important initiative for sustainable and responsible corporate governance. Environmentally conscious business practices and respect for human rights are essential to making globalization socially and economically beneficial. The TRATON GROUP has committed to this as a member of the UN Global Compact.

In 2021, with the full takeover of the US commercial vehicle manufacturer Navistar, TRATON took an important step in opening up new sources of revenue and new markets. TRATON is also increasing its focus on Asia: Scania is set to be the first Western truck manufacturer with its own production in China; an important step for the TRATON GROUP.

After the successful squeeze-out of the noncontrolling interest shareholders of MAN SE, who received an appropriate cash settlement, MAN SE was merged into TRATON SE and delisted. As a result of the merger, particularly MAN Truck & Bus SE and Scania AB have become wholly owned direct subsidiaries of TRATON SE, enabling TRATON to create a more efficient overall structure for itself.

Focusing on logistics and digitalization, TRATON plans to establish new business models as well as partnerships that add value to the Group. The reporting year saw the start of test runs for autonomous driving in Sweden: these involve a self-driving vehicle operating along a selected stretch of highway at Level 4 (high automation) of the total five levels of automation and therefore almost autonomously. However, a driver remains on board for safety reasons.

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