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Volkswagen's Scania Accelerates E-truck Production Plans Amid Surging Diesel Costs

MT Newswires·10/20/2026 11:23:54
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11:23 AM EDT, 10/20/2026 (MT Newswires) -- Volkswagen's (VOW.F, VOW3.F) Sweden-based unit Scania will manufacture electric trucks at its plant in Rugao, China, as soon as it obtains a license amid record diesel prices, Bloomberg News reported Tuesday. Scania Chief Executive Officer Christian Levin said in an interview with the news outlet that e-trucks are expected to account for half of the Chinese market by early 2027.