Core Insights - Scania has opened its third global industrial hub in China, representing a €2bn (approximately $2.3bn) investment and creating 3,000 jobs [1][2][3] Group 1: Investment and Facility Details - The new facility in Rugao, Jiangsu Province, spans 800,000m² and is authorized to produce up to 50,000 vehicles annually [1][2] - The hub will primarily serve customers in China and targeted export destinations across Asia and other regions [2] - Scania is the first western original equipment manufacturer (OEM) to receive full approval for a wholly owned truck plant in China [2] Group 2: Sustainability and Innovation - The Rugao facility is designed to operate predominantly on renewable energy, utilizing locally generated biogas and certified green electricity [2][3] - Sustainability is integrated into all aspects of the factory, including energy sourcing and waste management [3] - The establishment is part of Scania's 60-year presence in China and includes R&D centers in Rugao and Shanghai to enhance collaboration with local partners [3] Group 3: Product Offerings - Scania plans to offer two main product lines from the new hub: a global-standard Scania range for heavy-duty uses and the Next Era tractor family tailored for China's long-haul transport segment [5][6] - The Next Era line will be fully integrated with the local digital ecosystem and is expected to launch in the first half of 2026, with deliveries starting from late 2025 [6] Group 4: Strategic Goals - The Rugao facility aligns with the TRATON Modular System (TMS), allowing for expansion, customization, and innovation across various markets [4][5] - The establishment aims to leverage China's speed and creativity to enhance Scania's global capabilities and accelerate the transition to sustainable transport [4]